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Canada Will Hit US Back With Aluminum Tariffs

Canada Will Hit US Back With Aluminum Tariffs
Canada's Deputy Prime Minister Chrystia Freeland on Parliament Hill March 18, 2020 in Ottawa, Ontario. (Dave Chan /AFP via Getty Images)

By    |   Friday, 07 August 2020 04:06 PM EDT

Canada said it will strike back against President Donald Trump’s plan to reimpose a 10% tariff on some aluminum products by issuing its own tariffs on a swath of U.S. products that contain aluminum, The Wall Street Journal reports.

One day after Trump said he would put the tariff back in place, Canada’s Deputy Prime Minister Chrystia Freeland issued a list of U.S.-made items they could target.

Canada’s plan is to place tariffs on U.S. goods with a value of $3.6 billion Canadian dollars ($2.71 billion), or the equivalent of what Canadian aluminum faces from the U.S. tariff, according to the Journal.

Items include washing machines, golf clubs and canned beverages.

“We will not escalate, but we will not back down,” Freeland told reporters in a teleconference. She said Canada will select items that will minimize any damage to the Canadian economy “and to have the strongest possible impact in the U.S.”

“We hope when Americans look at this list, they will understand why this dispute is a bad idea,” she told reporters.

The U.S. tariff is scheduled to go into effect on Aug. 16. The Journal reports that Canada’s response will begin 30 days after.

Canadian politicians and business leaders pushed for a strong response to the tariff.

“Canada has to be as aggressive as needed to get the Trump administration’s attention. We have to play this game,” Dennis Darby, head of the Canadian Manufacturers and Exporters, a lobbying group, told The Journal.

The premier of Ontario Doug Ford said Freeland should put a tariff on every item possible.

“We will come back swinging like the U.S. has never seen before,” he said.

Freeland said the tariffs will impact U.S. consumers the most.

“Any American who buys a can of beer or soda, or a bike, will suffer,” she said.

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US
Canada said it will strike back against President Donald Trump's plan to reimpose a 10% tariff on some aluminum products by issuing its own tariffs on a swath of U.S. products...
Canada, US, Trump, tariff, aluminum
301
2020-06-07
Friday, 07 August 2020 04:06 PM
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