• Canada tariffs on US goods from ketchup to lawn mowers begin

    2 monthes ago - By Philly

    OTTAWA, Ontario - Canada began imposing tariffs Sunday on $12.6 billion in U.S. goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States.
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  • Canada tariffs on US goods from ketchup to lawn mowers begin

    2 monthes ago - By Chron

    OTTAWA, Ontario - Canada began imposing tariffs Sunday on $12.6 billion in U.S. goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States.
    Some U.S. products, mostly steel and iron, face 25 percent tariffs, the same penalty the United States slapped on imported steel at the end of May. Other U.S. imports, from ketchup to pizza to dishwasher detergent, will face a 10 percent tariff at the Canadian border, the same as America's tax on imported aluminum.
    Trump had enraged Canada and other U.S. allies by declaring imported steel and...
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  • Canada tariffs on US goods from ketchup to lawn mowers begin

    2 monthes ago - By Chron

    OTTAWA, Ontario - Canada has begun imposing tariffs on $12.6 billion in U.S. goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States.
    Some U.S. products, mostly steel and iron, face 25 percent tariffs, the same penalty the United States slapped on imported steel in May. Other U.S. imports, from ketchup to pizza to dishwasher detergent, will face a 10 percent tariff at the Canadian border, the same as America's tax on aluminum.
    Speaking in Leamington, Ontario, Prime Minister Justin Trudeau thanked Canadians for standing united...
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  • Canada's Import Tariffs On U.S. Goods Go Into Effect

    2 monthes ago - By Fortune

    Canada's retaliatory tariffs on U.S. goods went into effect on Sunday, July 1, the same day the country celebrates its national holiday. Canada imposed a 25% tariff on metal products and a 10% tariff on over 250 other goods, such as coffee and whiskeys, according to the BBC. The total import duties target $12.6 billion worth of U.S. products.
    “We will not escalate and we will not back down,” Canadian Foreign Minister Chrystia Freeland said. Freeland described the tariffs as “the strongest trade action Canada has taken in the post-war era,” NBC News reported. The duties come as a response...
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  • BMW and Hyundai Join GM in Pressing U.S. to Forgo Auto Tariffs

    2 monthes ago - By Fortune

    BMW AG and Hyundai Motor Co. urged the U.S. not to impose tariffs on auto imports, joining General Motors Co. in pressing their case to the Commerce Department even as a top aide to President Donald Trump dismissed the concerns as "smoke and mirrors."
    "It seems that the threat to impose these sanctions is designed to achieve certain goals," the newspaper Welt am Sonntag reported, citing a copy of BMW's letter to Commerce Secretary Wilbur Ross. The Munich-based luxury automaker said its investment of almost $9 billion in the Spartanburg, South Carolina, BMW plant, supports more than 120,000...
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