Trump Announces 50% Tariff on Canada, Effective in 30 Days
Source：
www.ft.com
According to the Financial Times, US President Trump announced that 50% tariffs would be imposed on a wide range of Canadian goods, formally taking effect in 30 days. US officials accused Canada of unfair trade practices, including provinces halting purchases of American alcohol, imposing tariffs on American cars, and discriminating against American cheese. The tariff exemptions cover energy, potash, critical minerals, fish, and steel and aluminum products already subject to national security tariffs. Canada is the second-largest trading partner of the United States, with bilateral goods trade volume nearing $720 billion last year.