From today, Canada imposes new customs duties on some American products, in response to the fees imposed by Donald Trump on steel and aluminum imports.
Canadian Finance Minister Dominic Lublan said at a press conference on Wednesday that the fees by 25% will be imposed on 29.8 billion Canadian dollars (20.72 billion US dollars) of US imports, to include, especially computers and sports supplies.
“We will not stand idly by at a time when our industries are targeted in steel and aluminum in an unfair form.”
American fees
As of midnight last Tuesday, Washington imposed 25% on steel and aluminum from different countries. But Canada, the first provider of the United States with steel and aluminum, is the most targeted by Donald Trump.
The new Canadian measures are added to a fee of 25%, previously imposed on $ 30 billion in American products since the beginning of this month, in response to a first series of commercial taxes imposed by Trump on Canadian goods.
Canadian Foreign Minister Melanie Jolie said at the same conference that “not only a threat to Canadian jobs, and not only a threat to many families who live from these jobs, but rather an existential threat to our country.”
She added: “We will fight for families, and we will fight as a country because it is not only the economy, but to the future of our country.”
https://www.youtube.com/watch?v=cqand9qbloc
No doubling of the fees
It is noteworthy that the chief White House consultant Peter Navarro said on Tuesday that President Donald Trump dismissed the doubling of customs duties on Canadian imports of steel and aluminum to 50%, after American-Canadian talks.
This decision means the submission of steel and aluminum imports from Canada and other trade partners of the United States to a customs tariff of 25% as of Wednesday, according to what was originally planned.
Trump confused the markets with contradictory advertisements on Canada, his favorite commercial and diplomatic goal, in light of entering customs duties on US imports of steel and aluminum space.
After threatening to double the customs duties on his country’s imports of Canadian steel and aluminum to 50%, Trump retreated from his threat after just a few hours.
Trump justified his threat after the Canadian province of Ontario retreated from its decision to impose additional customs duties on its electricity exports to 3 American states.
