Canada Fires Back in Trade War Against Trump With Up to 50% Tariffs
New York Times · LC · trust 49/100
Canada said the higher levies, on items from aluminum foil to dishwashers to fish, would help protect workers, producers and manufacturers harmed by new Trump tariffs.
Listen · 5:35 min Share full article 507 The U.S. Steel Clairton Coke Plant in Clairton, Pa. Canada has announced it will impose retaliatory tariffs of up to 50 percent on hundreds of American products including steel. Credit... Jeff Swensen/Getty Images By Ian Austen
Canada announced retaliatory tariffs as high as 50 percent on hundreds of American products on Tuesday, just days after the collapse of trade talks triggered punishing tariffs from the Trump administration.
As a trade war between the countries intensifies, Canada will start collecting tariffs of 50, 25 and 15 percent on about 700 products beginning on Sept. 8. The most significant measure is a doubling of tariffs on American steel and aluminum to 50 percent. But the list of products affected ranges from household rolls of aluminum foil to railway locomotives and steel bridges.
Many of the American products Canada will now tax mirror the Canadian exports hit by the new U.S. tariffs, particularly in clothing, forestry products, tools and electronics including smartphones. But Canada is also targeting costly consumer products like dishwashers, washing machines and stoves.
A wide array of fish, frozen and fresh, also appear on the list.
The new Canadian levies cover about $20 billion per year of imports from the United States, the same value as the Canadian exports affected by the tariffs.
After the collapse of the negotiations in Washington, Prime Minister Mark Carney of Canada, an economist and former central banker, said that Canada would match the American tariffs “dollar for dollar.” But he also acknowledged that the move “will raise costs and reduce choice for Canadians.”
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