Canada will tax everything from golf clubs to washing machines… Other products that would have a tariff are bicycles, refrigerators, tripods, sports equipment such as bats and hockey sticks.
CANADA (Agencies) – Deputy prime minister, Chrystia Freeland, said her country plans to impose 3.6 billion Canadian dollars ($2.69 billion U.S.) tariffs on U.S. imports in response to U.S. President Donald Trump’s announcement that he would re-impose a 10 percent tariff on Canadian aluminum.
Freeland indicated that Canada is considering imposing a tariff on dozens of products, including golf clubs, bicycles, refrigerators, washing machines, tripods, sports equipment such as bats and hockey sticks, and aluminum beverage cans.
Initially, Trump imposed tariffs on aluminum imports in 2018. Last year, he canceled them on metals from Canada and Mexico to pave the way for the U.S.-Mexico and Canada Agreement (T-MEC), which replaced NAFTA. The T-MEC came into force on July 1 and was expected to stabilize trade between the three countries.
Trump said that he would reimplement the tariffs because there was an increase in aluminum exports from Canada to the United States in recent months, but industry organizations disagree with that statement. According to the Aluminum Association, Canada’s aluminum imports rose sharply from February to March, but have stabilized and fallen 2.6 percent from May to June.
more recommended stories
German company Preh to open Engineering Development Center of the Southeast of Mexico
A cutting-edge center in automotive technology.
The continuation or suspension of section 5 of the Mayan Train in the hands of a Mérida judge
A federal judge in Mérida postponed.
BACKYARD BIRDING IN MERIDA, YUCATAN AND BEYOND-BELLY FLOPPING: TRICOLORED HERON
Tricolored Heron, Egret tricolor, Garza Tricolor.
For this hurricane season, Conagua forecasts 20 cyclones, two could be category 3 to 5
The season in which tropical systems.
Bus overturns in Querétaro leave at least 12 injured, 4 in serious condition
San Juan del Río.- A passenger.
These are the hurricanes that would reach Yucatan during 2022
The 2022 Hurricane Season will begin.
Asthma cases double in Yucatan (SSY)
Figures from the Federal Health Secretariat.
President Joe Biden’s statement on the International Day Against Homophobia
Read the statement by President Joe Biden.
Real Estate prices skyrocket 60% in Chetumal
The lack of low-income housing options.
Yucatan was elected venue for the third edition of Travel Po Up
Yucatán was chosen as the venue.