Canada To Unleash Tariffs on U.S.

The federal government is poised to announce it is going ahead with a threat to slap retaliatory tariffs on U.S. goods after Washington said it would impose punitive measures on Canadian aluminum imports.

CTV quoted Deputy Prime Minister Chrystia Freeland last month as saying Ottawa would impose sanctions on $3.6 billion worth of U.S. aluminum and products containing aluminum. The measures would come into force by Sept 16, she added.

Canada promised to retaliate after U.S. President Donald Trump moved in August to reimpose 10% tariffs on some Canadian aluminum products to protect U.S. industry from a “surge” in imports. Canada denies any impropriety.

“Everyone in Canada understands aluminum from Canada is no threat to national security in the United States,” Foreign Minister Francois-Philippe Champagne told reporters on Monday ahead of a cabinet retreat in Ottawa.

Champagne also said Ottawa had slapped tariffs on a wide range of U.S. goods in 2018 after Washington imposed sanctions on Canadian aluminum and steel.