Saturday, June 30, 2018

Canada hits back at U.S. on tariffs, says it will not back down

Canada hits back at U.S. on tariffs, says it will not back downCanada struck back at the Trump administration over U.S. steel and aluminum tariffs on Friday, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) worth of American goods until Washington relents. The announcement by Foreign Minister Chrystia Freeland marks a new low in ties between the neighbors and trading partners which have become increasingly strained since U.S. President Donald Trump took power in January 2017. The Canadian tariffs will come into effect on July 1 and largely target U.S. steel and aluminum products, but also foodstuffs such as coffee, ketchup and whiskies, according to a list by the Department of Finance.




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