U.S. imposes 50% tariffs on Canadian exports
After talks failed to meet a U.S. deadline, the United States is imposing 50 per cent tariffs on a range of Canadian exports starting Saturday, targeting roughly five per cent of Canadian exports to the United States worth about $28 billion annually. The measures are issued in three executive orders loosely themed around motor vehicles, dairy and alcohol, but cover many other items including electronics, textiles and food products. Officials said negotiations broke off shortly before the deadline, and the tariffs raise immediate trade tensions and could disrupt exporters and cross-border supply chains.
The United States imposed 50% tariffs on $28 billion of Canadian exports
Context
The U.S. president threatened tariffs in July to press Canada on several issues. Talks continued until just before the deadline but then broke off. The tariffs now take effect and may lead to more negotiations or countermeasures.
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