NewsAlert: Canada to impose $3.6 billion in retaliatory tariffs against U.S.
OTTAWA — Deputy Prime Minister Chrystia Freeland says Canada will hit back against U.S. tariffs on Canadian aluminum with $3.6 billion in tariffs of our own.
Freeland says the tariffs will match dollar-for-dollar the costs of the planned 10 per cent import tariff on Canadian raw aluminum that will apply starting Aug. 16.
President Donald Trump accuses Canada of breaking a promise not to flood the U.S. market with aluminum, an accusation Canada and its aluminum producers say is completely false.
The Canadian Press