Trump Hits Canada With Surprise 50% Tariffs
President Trump slapped a mammoth 50% tariff on certain Canadian goods — a move meant to combat what the administration described as the country’s “continuous discrimination” on American products.
The new tax will apply to a range of imports, including wine, hockey sticks, and cement and goes into effect in 30 days, but the administration indicated in a Monday briefing call that it was open for negotiations on the matter.
“Canada has retained substantial retaliation against the United States,” a senior administration official told reporters on a Monday briefing call.
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