A List of Some of the Items the US Is Slapping With a 50 Percent Tariff
The United States is imposing a 50 percent tariff on a range of Canadian exports starting Saturday, after the two countries could not reach a new deal before a deadline imposed by President Donald Trump. Trump threatened the new tariffs in July to pressure Canada to move on a number of issues that were flagged [...]
TL;DR
- The U.S. is imposing a 50 percent tariff on Canadian exports starting Saturday.
- No new trade deal was reached between the two countries before the deadline.
- President Trump threatened the tariffs in July to address issues like provincial alcohol import bans and quotas on U.S. dairy exports.
- Canada had previously imposed tariffs on U.S. goods in response to earlier U.S. tariffs.