BBC: <\/p>\n\n\n\n
Canada has announced counter-tariffs as high as 50% on a range of US goods in retaliation to the latest wave of levies on Canadian imports imposed by President Donald Trump last weekend.<\/p>\n\n\n\n
The Canadian tariffs will apply to nearly C$28bn ($20bn; \u00a315bn) worth of American products, ranging from steel to furniture, fresh tuna and cotton T-shirts, officials announced on Tuesday.<\/p>\n\n\n\n
The list of targeted products is designed to match Canadian goods hit by the US. The Canadian levies are set to come into effect on 8 September.<\/p>\n\n\n\n
It is the latest escalation after US-Canada trade talks collapsed late last week, with each side accusing the other of making last-minute demands that were unreasonable.<\/p>\n\n\n\n
Finance Minister Fran\u00e7ois-Philippe Champagne said that Canada’s retaliation is in response to 50% tariffs imposed by the Trump administration on a range of Canadian goods after trade talks fell apart on Friday.<\/p>\n\n\n\n
“Those tariffs will have real consequences for Canadian workers, businesses and communities across our nation,” he said. “Canada must respond.”<\/p>\n\n\n\n
Champagne characterised Canada’s retaliation as “proportionate” and “strategic”.<\/p>\n\n\n\n
He added that Canada will also offer businesses and workers impacted by US tariffs an additional C$7.5bn for support programmes designed to minimise job losses and keep companies afloat.<\/p>\n","protected":false},"excerpt":{"rendered":"
BBC: Canada has announced counter-tariffs as high as 50% on a range of US goods in retaliation to the latest wave of levies on Canadian imports imposed by President Donald Trump last weekend. The Canadian tariffs will apply to nearly C$28bn ($20bn; \u00a315bn) worth of American products, ranging from steel to furniture, fresh tuna and cotton T-shirts, officials announced on Tuesday. The list of targeted products is designed to match Canadian goods hit by the US. The Canadian levies are set to come into effect on 8 September. It is the latest escalation after US-Canada trade talks collapsed late last… <\/p>\n","protected":false},"author":1,"featured_media":60780,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-60779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-in-english"],"_links":{"self":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/60779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60779"}],"version-history":[{"count":1,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/60779\/revisions"}],"predecessor-version":[{"id":60781,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/posts\/60779\/revisions\/60781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=\/wp\/v2\/media\/60780"}],"wp:attachment":[{"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gyalchisarshog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}