Politics and Government
Politics and Government
Thu, January 9, 2025
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U.S. steel, plastics among items Canada may target with retaliatory tariffs
- Canada is looking to target American steel, ceramics and plastics with retaliatory tariffs in response to an escalating trade dispute with the incoming Trump administration.
Canada is considering imposing retaliatory tariffs on a range of U.S. products including steel, plastics, and various consumer goods in response to potential U.S. tariffs on Canadian softwood lumber. This move comes as part of ongoing trade disputes between the two nations, with Canada aiming to counteract the economic impact of U.S. trade policies. The list of potential targets includes items like aluminum, various types of steel, and even extends to everyday products like playing cards and plastic tableware. This strategy is designed to pressure the U.S. into reconsidering its trade stance, particularly concerning the long-standing softwood lumber dispute, where the U.S. has frequently imposed duties on Canadian lumber, arguing that it is unfairly subsidized.
Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/u-s-steel-plastics-among-items-canada-may-target-with-retaliatory-tariffs/ar-BB1raF7w ]
Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/u-s-steel-plastics-among-items-canada-may-target-with-retaliatory-tariffs/ar-BB1raF7w ]
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