“We will obviously pursue the legal recourse that we believe we have through the agreements that we share with the United States,“ the official said, briefing reporters in Ottawa on condition of anonymity. Trump applied a 25% import tariff on all Canadian goods, except energy products such as oil and gas and electricity, which will carry a duty of 10% while entering the United States. The 25% tariff will be in effect starting on Tuesday, while the energy tariff will be implemented starting on Feb. 18.
Some of the big ones are cosmetics and body care of C$3.5 billion, appliances and other household items of C$3.4 billion, pulp and paper products C$3 billion, the official said.
The official said the Canadian government considered the move by Trump illegal and said it violates the trade commitments between the two countries under their free trade agreement and under the World Trade Organization.
The U.S. tariffs and the counter measures taken by Canada will have an effect on the Canadian economy, the official said. The official declined to give specifics on the impact. Earlier on Sunday, the government said it will provide a mechanism for Canadian businesses to obtain relief from retaliatory tariffs. Under the so-called “remission process,“ Canadian businesses could apply for tariff relief or refunds, provided they meet certain conditions.
Mexico and Canada are the top two U.S. trading partners.
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