Canada will implement 25% reciprocal tariffs on $29.8 billion worth of U.S. imports, effective Thursday, as a countermeasure to recent U.S. tariffs on steel and aluminum. The new duties primarily target steel and aluminum products, as well as items like computers and sports equipment. This action is part of an ongoing trade dispute between the two nations, with Canadian Finance Minister Dominic LeBlanc criticizing the U.S. for disrupting their trading partnership. The tariffs build on existing duties from earlier this month and reflect broader trade tensions, including responses from the European Union.


Source: https://www.supplychaindive.com/news/canada-trump-steel-aluminum-tariff-response/742321/

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