Canada Imposes Retaliatory Tariffs on US Goods

04 July, 2018, 09:44 | Author: Sheri Evans
  • President Donald Trump talks with Canadian Prime Minister Justin Trudeau during a G-7 Summit welcome ceremony in Charlevoix Canada. Canada announced Friday June 29 billions of dollars in retaliatory tariffs again

Trump has repeatedly suggested Canada was profiting from USA trade, and his blistering comments after the G7 meeting drove bilateral relations to their lowest point in decades.

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Canada and Mexico initially were exempted from the USA metals tariffs - as was the European Union - but Trump allowed the duties to take effect June 1 after talks stalled to revamp the 1994 trilateral North American Free Trade Agreement (NAFTA).

Asked if he supported Canada's move to put tariffs on US imports as retaliation for the USA slapping tariffs on Canadian aluminum (10 per cent) and steel (25 per cent), Baruah said, "Absolutely".

Especially after Donald Trump imposed tariffs on Canadian steel and aluminum and called out Canada's dairy industry.

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Baruah expressed concern over the Trump administration's threat to impose further tariffs, this time on the auto industry, He noted that 25 to 35 per cent of a vehicle assembled in the U.S.is composed of parts from around the world.

A fresh round of talks on the three-country pact will come with Canada and the USA locked in an unprecedented, cross-border trade fight.

"The US tariffs leave Canada no choice but to defend our industries our workers and our communities", Canadian Foreign Affairs Minister Chrystia Freeland said.

Prime Minister Justin Trudeau's government released on Friday the full list of items that Canada is targeting. The two discussed "mutually beneficial economic and trading relationship between the two countries, and their shared priority of updating the North American Free Trade Agreement for the betterment of their peoples", Trudeau's office said in a statement.

"At the G7, the president actually proposed that they get rid of all tariffs and drop all barriers and have really great trade, and they refused that", Sanders said.

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"I have made it very clear to the president that it is not something we relish doing but it is something that we absolutely will do", he said in June.

"I think we'll get through this".

In a tweet, Trump boasted that his efforts to renegotiate trade pacts are "coming along very well".

Some Americans celebrating the long weekend in Niagara Falls say it's the right move by Prime Minister Justin Trudeau, adding that Trump's tariffs on Canada were uncalled for in the first place.

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