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Canada suspends anti -customs duties on the United States economy

manhattantribune.com by manhattantribune.com
19 May 2025
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Canada suspends anti -customs duties on the United States economy
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Canada temporarily suspended some of the anti -customs duties that it imposed on the United States, and Finance Minister Francois Philip Champin on Sunday denied reports that they had fully lifted.

The government of Canadian Prime Minister Mark Carne imposed a counter -decree on billions of dollars from the United States in response to US customs duties on Canadian goods.

On April 28, Carney was elected against the background of his pledge to confront US President Donald Trump.

time limit

During the election campaign, auto companies were given a deadline provided that they maintain their production and investments in Canada.

This was reported on May 7 in the government’s official newspaper “Canada Gazette”, as well as suspending customs duties on the products used in the treatment and packaging of food, beverages, health, manufacturing, and also related to national security and public safety.

The Oxford Economics Foundation said in this week’s report that the exemptions included many categories of products, to the extent that the customs duties on the United States actually decreased to “nearly zero”.

The opposition leader, Pierre Boulayver, relied on this report, which was widely reported by the media, accusing Carney of “quietly reducing reprisal tariffs to nearly zero without telling anyone”, and Chambine denied this.

https://www.youtube.com/watch?v=btupm21-Oxs

“In response to US customs duties, Canada launched the biggest response ever, including the imposition of customs duties worth $ 60 billion on goods for final use, and 70% of these fees are still valid,” Champine said on the X platform.

His office confirmed that Canada’s response to customs duties “was determined to respond to the United States, while reducing economic damage to Canada.”

Modify supply chains

Audrey Millite, a spokeswoman for Champine, said that the exemption from customs duties was granted for 6 months, to give some Canadian companies “more time to modify their supply chains and reduce their dependence on American suppliers.”

She added that Canada is still imposing customs duties on American goods worth about 43 billion Canadian dollars ($ 31 billion).

On Sunday, Carney Wajih de Vans met US Vice President in Rome to discuss trade relations between their two countries, after attending the 14th Liu Liu Lio Liturgy in the Vatican.

According to a statement issued by the Carney office, the two officials discussed “commercial pressure and the need to build a new economic relationship.”

In a brief statement, Vans said that the meeting focused on the common interests and goals of the two countries “including fair trade policies.”

Canada, with a population of 41 million people, directs 3 quarters of its exports to the United States, and the latest job report shows that the customs duties imposed by Trump damage the Canadian economy.

The US President imposed 25% customs duties on Canada’s goods received to the United States, in addition to fees on specific sectors such as cars, steel and aluminum, but some of them were suspended pending negotiations.

Tags: AntiCanadacustomsdutieseconomystatessuspendsUnited
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