Trump Threatens Tariffs on $20 Billion of Canadian Exports as Trade Fight Broadens
Updated
Updated · The New York Times · Jul 28
Trump Threatens Tariffs on $20 Billion of Canadian Exports as Trade Fight Broadens
3 articles · Updated · The New York Times · Jul 28
Summary
$20 billion of Canadian exports could face new U.S. tariffs, with Trump targeting goods from hockey sticks to cement.
The White House says the move responds to what it calls unfair Canadian treatment of U.S. booze, dairy and cars.
The threat adds to earlier Trump actions against Canada, which this month also cited wildfires and national security in imposing tariffs on steel, aluminum, car parts and vehicles.
The escalation cuts against the U.S.-Mexico-Canada Agreement negotiated in Trump's first term and risks raising costs for U.S. consumers despite the countries' deeply integrated trade relationship.