4 days ago
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Donald Trump is imposing 50% tariffs on most Canadian goods, White House officials said on Monday, declaring Canada has unfairly discriminated against American autos, alcohol and dairy products.
The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House.
The new tariffs will exclude energy products, fish, critical minerals and potash.
The administration official previewing the action said that Canada was one of the only nations other than China that retaliated against Trump’s previous tariffs and must be held accountable. The official insisted on anonymity on a call with reporters to preview the president’s actions.
The official said that Trump had also requested that his aides look into additional tariffs on Canada because its wildfires hurt air quality in the US.
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The Associated Press contributed reporting
English (US) ·