Canada will impose retaliatory duties against the United States from July 1, 2018


Canada will impose retaliatory duties against the United States of America from July 1, 2018.

A press release published on Friday, June 29, the canadian foreign Ministry on the government website.

So, from July 1, the government of Canada will impose tariffs on American goods 16.6 million canadian dollars (approximately 12.6 billion US dollars).

“Today the government of Canada announced that as a direct, proportional and proportional response to the US tariff on canadian steel and aluminum retaliatory import duties plus the amount of 16.6 billion dollars on steel, aluminum and other products from the USA come into force on 1 July,” reads the official statement of the canadian authorities.
As stated by the Minister of foreign Affairs of Canada Chrystia Freeland, the new rate of import duties on certain goods from the USA will be 15 and 25 percent.

In particular, the duties are imposed on goods such as yoghurts, coffee, toilet paper, sleeping bags.

According to Bloomberg, which cited a source in the government of Canada, the duties are imposed also on goods such as washing machines, motor boats, mustard, maple syrup and whiskey.

“We’re not going for the escalation, but will not retreat,” said Chrystia Freeland.

Recall that from 1 June 2018, the United States had imposed duties on steel (25 per cent) and aluminium (10%) imported from Russia, China, EU countries, Mexico and Canada.

Responses regarding tariffs on US exports in the amount of 2.8 billion euros at the end of June was approved by the European Commission. In particular, it concerns such goods as steel, aluminum, agricultural goods, whiskey, tobacco, and other.

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The response of the European Union entered into force on 22 June 2018. As of 5 June 2018 retaliatory duties against the United States have entered Mexico – a 20-percent duty on whiskey, steel, vegetables, pork and so on.

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