economy
Trump to impose new tariffs on Canada
The United States is slapping 50% tariffs on Canadian products from wine and hockey sticks to cement, in response to Canada’s retaliatory duties on American cars, alcohol, and cheese as part of the two countries’ trade war.
TL;DR
- The US is imposing 50% tariffs on Canadian products.
- Affected products include wine, hockey sticks, and cement.
- This is a response to Canada's retaliatory duties on American cars, alcohol, and cheese.
- The situation is part of an ongoing trade war between the US and Canada.