Trump's latest round of 50% tariffs on Canadian goods now in effect
The changes leave tariff coverage nearly unchanged while pressure builds on Canadian exporters and small businesses, experts said.
- On Tuesday, the U.S. imposed 50 per cent tariffs on 110 Canadian products including motorboats and furniture, escalating the trade war that stalled after failed August negotiations.
- Canada retaliated by imposing tariffs on nearly 700 categories of American goods, which took effect Sept. 8, following the collapse of bilateral trade negotiations in August.
- The White House simultaneously removed tariffs on 10 items including salt and toilet paper to "offset the burden to U.S. commerce," though Wolfgang Alschner noted the values are "basically the same."
- Experts warn regional trade disruptions threaten small businesses with closure and job losses, as a Canadian brewery announced plans to relocate operations to preserve access to customers.
- Economist Andrew Dicapua suggested the muted U.S. response to countertariffs signals a deal could come "fairly soon," while Prime Minister Mark Carney said the government is evaluating sector-specific impacts.
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The new levies apply to products as diverse as certain types of cheese, animal skins, motorboats, paper products and steel and aluminium articles.
The United States has raised customs duties on Canadian products to 50% on goods, including cheese, animal fur, boats, paper and steel products, amid the escalation of the trade war between the two countries.
The trade war between the two neighbours is intensifying with taxes on cheeses, furs and boats. A ban on the importation of certain Canadian products will come into force at the end of SeptemberWashington raised customs duties on a series of Canadian products during the trade war between the two neighbours on Tuesday. Certain cheeses, animal furs, motor boats, paper or steel products are now subject to a 50% surcharge on entry into the United St…
Major changes to US tariffs on Canadian goods take effect on Tuesday: cheese and motorboats have been added to the list of items targeted, while toilet paper, fishing rod parts and cement are now exempt from duties.
Anadolu Ajansı
Measures covering cheeses, motorboats, ATVs and furniture take effect just after midnight
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