U.S. Lifts 50% Tariffs on 22 Canada Goods, Adds 100 Categories Worth $2.6 Billion
Updated
Updated · The Globe and Mail · Oct 26
U.S. Lifts 50% Tariffs on 22 Canada Goods, Adds 100 Categories Worth $2.6 Billion
3 articles · Updated · The Globe and Mail · Oct 26
Summary
$2.5 billion in Canadian goods won tariff relief while about $2.6 billion in new categories were hit, keeping the overall trade impact roughly unchanged.
The shift moves pressure away from inputs used by U.S. border-state businesses and toward finished goods and Canadian manufacturing capacity, according to trade experts.
Maine Senator Susan Collins said she helped remove tariffs on packaging products that had hurt apple and blueberry growers, illustrating the domestic political pressure behind the changes.
Canadian manufacturers still face strain in sectors such as hardwood flooring and lip balm, where advisers say tariffs are accelerating layoffs, work-share programs and production shifts to U.S. plants.
The Trump administration says a broader Canada trade deal may be nearing, with White House adviser Kevin Hassett saying talks are "gathering steam" after a week of contacts.