Canada to impose tariffs on $2.7 billion in U.S. goods after Trump reignites trade feud
Canada’s Deputy Prime Minister Chrystia Freeland attends a news conference as efforts continue to help slow the spread of coronavirus disease (COVID-19) in Ottawa, Ontario, Canada March 23, 2020.
Blair Gable | Reuters
Canada said Friday it will slap retaliatory tariffs on $2.7 billion worth of U.S. goods, the latest development in a new trade feud sparked by President Donald Trump‘s decision to reimpose aluminum duties on the U.S. ally.
“Canada will respond swiftly and strongly,” Canadian Deputy Prime Minister Chrystia Freeland said at a news conference.
“We will impose dollar-for-dollar countermeasures in a balanced and perfectly reciprocal retaliation,” she said. “We will not escalate and we will not back down.”
Freeland said Prime Minister Justin Trudeau will spend the next 30 days consulting with Canadian citizens and businesses on a broad list of aluminum-containing products. Canada’s new duties on U.S. imports, …continued .
[Source: CNBC News]
