US imposes 50% tariffs on US$20 billion of Canadian goods after trade talks fail
The US imposed 50 percent tariffs on US$20 billion of Canadian goods after trade talks failed.
OriginalSourceSouth China Morning PostHong KongLeanCenterCredibilityPublished04:50 UTCRatings: AllSides, MBFCSourceSouth China Morning PostHong KongLeanCenterCredibilityPublished04:50 UTCRatings: AllSides, MBFC
“US slaps 50% tariffs on US$20 billion of Canadian goods after trade talks fail”
US imposes 50% tariffs on US$20 billion of Canadian goods after trade talks fail
Key points
- The US slapped 50 percent tariffs on US$20 billion of Canadian products.
- Canada vowed retaliation, escalating trade tensions between the allies.
- Tariffs affect about 5 percent of Canada-US shipments annually.
- negotiations failed to resolve disputes over steel, aluminium, and timber.
- No further talks are planned, raising questions about a new North American trade pact.
Other reports
- SourceThe Wall Street JournalUnited StatesLeanCenterCredibilityRatings: AllSides, MBFCRead at The Wall Street JournalSourceThe Wall Street JournalUnited StatesLeanCenterCredibilityRatings: AllSides, MBFCRead at The Wall Street Journal
“U.S. Imposes 50% Tariffs on Some Canadian Goods After Last-Ditch Talks Failed”
- SourceRapplerLeanUnratedCredibilityUnratedRead at RapplerSourceRapplerLeanUnratedCredibilityUnratedRead at Rappler
“Canada to retaliate for US tariffs, worsening ties after talks fail”
How it got here
South China Morning Post publishes the article.
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3 3 US imposes 50% tariffs on US$20 billion of Canadian goods after trade talks fail
The US imposed 50 percent tariffs on US$20 billion of Canadian goods after trade talks failed.