Canada Retaliatory Tariffs on US Goods Come into Force

(From BBC News)

Canada’s countermeasures against the Trump administration’s steel and aluminium levies have come into effect.

On Sunday, the day the country celebrates its national holiday, Canada imposed a 25% tariff on assorted US metals products.

Tariffs of 10% have also been imposed on over 250 other US goods like beer kegs, whiskey and orange juice.

Canada-US trade tensions are high amidst the metals levies and North American Free Trade Agreement talks.

The tit-for-tat duties are estimated to total C$16.6bn ($12.61bn US), representing the 2017 value of Canadian metals exports affected by the US measures.

Senior Canadian officials say the list is designed to exert political pressure on the US and make it take notice of how this will affect trade.

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