Canada to retaliate ‘dollar for dollar’ after U.S. slaps 10% tariff on aluminum
Ottawa will impose retaliatory tariffs on U.S. goods in response to President Donald Trump’s decision to restore a 10 per cent tariff on Canadian aluminum imports.
Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland announced the measures Thursday evening hours after Trump said he would impose the tariffs during a campaign speech at a Whirlpool factory in Ohio, citing national security concerns.
Freeland, in a statement, said Canada “intends to swiftly impose dollar-for-dollar countermeasures” in response.
“Canadian aluminum does not undermine U.S. national security. Canadian aluminum strengthens U.S. national security and has done so for decades through unparalleled co-operation between our two countries,” she said…
Trudeau and Freeland didn’t specify what U.S. goods will be subject to countermeasures, nor whether the government will follow a similar strategy of targeting goods produced in Republican districts.
The new U.S. tariff will be in effect as of Aug. 16…
This is excerpted from 6 August 2020 edition of CBC News
Additional information concerning Canada’s retaliatory measures will be provided as it becomes available.