President Trump issued a number of tariff on trade import in the run up to his new NAFTA agreement, those tariff were then removed once the agreement was signed though it seem the President isn’t to happy with the state of North American trade as he has re-issued those tariff once again.
Canada has responded by issuing a number of tariff matching dollar for dollar. Canada and United States trade is very important to Northern States making up the main importer of 11 States, and main exporter of 34 States.
a long drawn out Trade war would hurt both countries as they try to rebound from COVID.
though I see this mostly as a election plow by Trump to win over support in key industries.
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.