Tariffs raise costs for sporting goods in Canada and US
Canada and the United States have exchanged steep tariffs on a range of sporting goods after bilateral trade talks collapsed in mid-August. The U.S. imposed 50 per cent duties on $28 billion in Canadian goods including hockey equipment, golf and gym equipment and fishing rods, and Canada retaliated on Sept. 8 with tariffs that cover track suits, ski suits, swimwear, golf equipment and fishing rods. Industry groups and retailers say the duties raise costs, risk delayed or cancelled shipments, and could reduce participation in sports, while the federal government is reviewing manufacturing and procurement gaps.
Tariffs have raised sporting goods costs by about 50 percent.
Context
Trade talks between Canada and the United States fell apart in mid-August. The next day the United States placed 50 per cent duties on many Canadian sporting goods. Canada retaliated on Sept. 8 and businesses now face higher import costs…
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