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US is set to impose 50% tariffs on $20 billion worth of Canadian products
The United States was set to impose 50% tariffs on $20 billion in Canadian products after trade negotiations failed due to new demands from Canada. These proposed import taxes account for roughly 5% of all goods shipped from Canada to the U.S. annually. Despite historical disputes over softwood lumber and dairy markets, the two nations remain allies with deep economic ties.
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- US is set to impose 50% tariffs on $20 billion worth of Canadian products
- US is set to impose 50% tariffs on $20 billion worth of Canadian products
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