Trade dispute: Canada imposes tariffs on US goods worth $20 billion
In the customs dispute with the USA, Canada is fighting back. The day before, the USA had imposed tariffs on Canadian cars. The Canadian Finance Minister speaks of "standing up for Canadians".
Canada has imposed retaliatory tariffs of up to 50 percent on imports from the US, worth $27.6 billion. The move, effective September 8, was announced by Finance Minister François-Philippe Champagne, who said the tariffs would match US tariffs on Canadian goods. The escalation comes after the US imposed 50 percent tariffs on Canadian goods worth around $20 billion, including hockey sticks, furniture, honey, and wine. Canada's Prime Minister Mark Carney had previously promised retaliatory measures of equal value.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
