CityNews Kitchener
List of some of the items the U.S. is slapping with a 50 per cent tariff
xCruzo Brief
The U.S. will impose a 50% tariff on a set of Canadian exports starting Saturday after Canada and the U.S. failed to reach a new agreement before a deadline tied to President Donald Trump. The measure follows Trump’s July threats meant to pressure Canada on issues described as irritants to the U.S., including provincial alcohol import bans, tariffs on some U.S.-made auto exports, and quotas on tariff-free dairy exports. Originally set for Aug. 19, the start was delayed three days for further talks, but just before midnight Friday, Prime Minister Mark Carney and U.S. Trade Representative Jamieson Greer said negotiations broke down. The tariffs cover about 5% of Canadian exports to the U.S., worth about $28 billion annually.
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