Canada imposes steep tariffs on US goods after trade deal collapse
Canada has imposed tariffs as high as 50% on hundreds of US exports, including cheese and aluminum, in response to the US enacting similar tariffs on Canadian products following failed trade negotiations. Both governments blame each other for the breakdown in talks. The trade measures take effect after the US used a rarely-invoked legal provision to justify its tariffs. Businesses and consumers in both countries face higher prices and supply disruptions.
- Canada's tariffs target US agriculture and manufacturing goods
- Tariffs follow collapse of trade deal negotiations
- US invoked a seldom-used 1930 law for its tariff move
- Both sides accuse each other of causing negotiation breakdown
Sources covering this
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