Shafaq News/ US President DonaldTrump’s new tariffs will push total levies on Canadian goods to 50%, a WhiteHouse official said on Tuesday.
“Trump's planned 25% tariffs on allsteel and aluminum imports would be added onto other levies on Canadian goods,resulting in a total 50% tariff,” the official told Reuters.
A government source told the agencythat Canada has not been officially notified about the tariff aggregation,adding that the move "sounds plausible."
Earlier in February, Trump imposed a25% tariff on most Canadian imports, though these tariffs were suspended for 30days last week.
Trump later signed orders raising USaluminum tariffs to 25%—up from 10%—and revoking exemptions for certaincountries, quota agreements, and hundreds of tariff exclusions on specificsteel and aluminum products.
The measure, set to take effect on March12, was met with opposition from Ottawa, with Canadian Prime Minister JustinTrudeau calling it "unacceptable."
Read More Details
Finally We wish PressBee provided you with enough information of ( US tariffs on Canada to surge, reaching 50% )
Also on site :
- Iconic Sitcom Actress, 67, Stuns With Ageless Appearance 20 Years After Show Ended
- Beloved ‘90s Icon Meets Iconic ‘Pitch Perfect’ Stars in an Unforgettable Red Carpet Moment
- Nazi symbols prevalent in Ukrainian military – Le Monde