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US Imposes Tariffs on Canadian Goods

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In Short: Canadian Prime Minister Mark Carney vowed to match US tariffs, saying important progress had not been enough to meet Canadian objectives. The US imposed 50% tariffs on about $20 billion of Canadian goods after trade talks failed to produce an agreement.

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Photo: CartoonBoner / Wikimedia Commons (CC BY 4.0)

The US imposed 50% tariffs on about $20 billion of Canadian goods after trade talks failed to produce an agreement, according to Agence France-Presse. Canadian Prime Minister Mark Carney said the important progress made 'has not been enough to meet our objectives for Canadians.

Carney vowed that Canada would match the US tariffs 'dollar for dollar to protect our workers and businesses,' as officials said late Friday that Washington and Ottawa had not managed to strike a deal. The surprise announcement came after US President Trump said that the US 'should be able to have a deal with Canada,' citing his 'good relationship' with Carney.

The senior US official, who spoke on condition of anonymity, said Canada had sought additional concessions that the US was unable to provide. Greer said that the Trump administration put on the table 'significant tariff reductions on steel, aluminum, autos and lumber' in exchange for concessions from Canada.

Canada’s regional leaders said previously that the US was particularly irritated by one retaliatory measure: the removal of US alcohol and wine from liquor stores. Canada was also maintaining its 'prolonged retaliation' against the US, including prohibitions on certain American goods and services.

Background

Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the second-largest country by total area, with the longest coastline of any country.

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