Trump weighs new tariffs against Canada as trade war grows between two neighbors: report
- President Donald Trump is reportedly considering additional tariffs or other trade actions against Canada as the two countries exchange retaliatory measures over failed trade negotiations.
- The president’s desired escalation could range from imposing higher tariffs, beyond the already 50 percent on hundreds of Canadian products, to other trade actions, a White House official told Bloomberg Tuesday.
- The unnamed White House official did not expand on the potential new actions but said people could expect the administration to respond to Canada taxing approximately $20 billion in American products.
Unverified
- President Donald Trump is reportedly considering additional tariffs or other trade actions against Canada as the two countries exchange retaliatory measures over failed trade negotiations.
- The president’s desired escalation could range from imposing higher tariffs, beyond the already 50 percent on hundreds of Canadian products, to other trade actions, a White House official told Bloomberg Tuesday.
- The unnamed White House official did not expand on the potential new actions but said people could expect the administration to respond to Canada taxing approximately $20 billion in American products.
Sources: The Independent