The trade war triggered by Donald Trump with the a 25% tariff on steel and aluminium imports effective Wednesday which will hurting Canada's economy deeply, has met with a tit-for-tat Canadian response.
Canada’s finance minister, Dominic LeBlanc, said his country would on Thrusday retaliate with levies of the same amount on almost $30 billion of imports from the United States.
“I am announcing that the government of Canada, following a dollar for dollar approach, will be imposing, as of 12.01 am on March 13, 25% reciprocal tariffs on an additional $29.8 billion of imports from the United States,” LeBlanc said at a press conference.
“This includes steel products worth $12.6 billoion and aluminum products worth $3 billion, as well as additional imported US goods worth $14.2 billion for a total of $29.8 billion. The list of additional products affected by counter-tariffs includes computers, sports equipment and cast iron products, as examples.”
