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Trump lifts some Canada tariffs ahead of midterms

With an incumbent Maine US senator from his own party locked in a tight reelection battle, US President Donald Trump signed an order on Friday to remove 50 percent tariffs on some Canadian agricultural and forestry products in a move that could benefit companies from the northern state. The Republican president's hefty tariffs on Canada have caused friction with the US neighbour to the north…

US President Donald Trump has lifted some Canada tariffs ahead of the November 3 midterm elections, in an effort to help companies and farmers in the northern state of Maine. The Democrat, Susan Collins, had urged Trump to address tariffs affecting Maine companies, as the state borders Canada. The tariffs on plywood sheets, paper products, machinery, and other goods were reduced to 50 percent, taking effect on October 30.

However, Trump also added a number of Canadian products to the tariff list to offset the relief provided. Collins stated that the relief would benefit Maine's blueberry, potato, apple, and seaweed producers, which are vital to the state's economy. Republican challenger Troy Jackson accused Collins of enabling chaos and called for credit for implementing the tariff relief. Canada has responded to the tariffs with its own retaliatory measures.

Written by urgent.news from RTHK News - Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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