Canada to impose C$3.6bn in tariffs as Chrystia Freeland says: ‘Any American who buys a can of beer … will suffer’
Canada has announced that it will retaliate dollar for dollar – to the tune of C$3.6bn – after the US announced a 10% tariff on Canadian aluminum.
Donald Trump announced the new aluminum tariffs on Thursday at a campaign stop at a Whirlpool appliance plant in Ohio, accusing Canada of taking advantage of its trade relationship with the US.
Continue reading...The Canadian prime minister, Justin Trudeau, has declined an invitation to visit the White House this week to celebrate a new North American free trade deal, amid worsening coronavirus figures in the US and lingering tensions with Donald Trump.
Mexico’s President Andrés Manuel López Obradoris due to meet Trump in Washington on Wednesday, and had urged Trudeau to attend the meeting.
Continue reading...After 5% tariff announced, president tweets ‘Mexico has taken advantage of the US for decades’
Donald Trump has defended his decision to impose new tariffs on Mexico as stock markets worldwide were rattled by fears of an escalation in trade tensions.
“Mexico has taken advantage of the United States for decades,” Trump tweeted. “Because of the Dems, our Immigration Laws are BAD. Mexico makes a FORTUNE from the U.S., have for decades, they can easily fix this problem. Time for them to finally do what must be done!”
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