The Trump administration is discussing additional trade penalties against Canada after Ottawa announced retaliatory measures in response to newly imposed U.S. tariffs. According to a White House official, the next round of U.S. action could include higher tariffs and other trade steps, with Washington expected to answer Canada’s latest move. The official said President Donald Trump has a range of tools available to address the dispute after U.S.-Canada trade talks broke down. Canada said it would impose tariffs of 15% to 50% on about $20 billion worth of U.S. goods. It also plans to raise tariffs on U.S. steel products from 25% to 50%. In a separate step, the Canadian government said counter-tariffs of 15%, 25%, or 50% on about 700 products will take effect on Sept. 8.
BlockBeats reported on Aug. 26 that the Trump administration is discussing further trade sanctions against Canada after Canadian Prime Minister Carney announced reciprocal retaliation against newly imposed U.S. tariffs.
A White House official said the potential U.S. escalation against its northern neighbor could include higher tariffs and other trade measures. The U.S. government is expected to respond to Canada’s latest action. The official also said President Donald Trump has a range of tools available to handle the dispute after U.S.-Canada trade negotiations broke down.
Canada said yesterday that it would impose tariffs ranging from 15% to 50% on about $20 billion of U.S. goods. Canada will also raise tariffs on U.S. steel products from 25% to 50%.
The Canadian government said counter-tariffs of 15%, 25%, or 50% on about 700 products will take effect starting Sept. 8.
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