Summary
- The countermeasure will take effect at 00:01 a.m. local time (0501 GMT) on Tuesday.The additional coWorld Timesuntermeasures would be tariffs on a list of goods such as electric vehicles, fruits and vegetables, among others. “But in the meantime, our tariffs will remain in place until the U.S. tariffs are withdrawn and not a moment sooner,” he said, adding that the federal government is in active discussions with provinces and territories to pursue several non-tariff measures.Canadian provinces have also hit back. “If we have to, we won’t hesitate to increase the charge or shut the electricity off completely,” Ford said on his social media account.Ford also threatened to cut off exports of Ontario nickel during an interview with NBC News on Monday afternoon.The British Columbia government responded to the U.S. tariffs by joining other provinces in removing some liquor products from store shelves. 1, U.S President Donald Trump signed an executive order to impose a 25-percent tariff on goods imported from Mexico and Canada, with a 10-percent tariff increase specifically for Canadian energy products. Content comes from the Internet : Canada fights back against US tariffs
Approximate Time
- 3 minutes, 556 words
Categories
- U.S. tariffs, tariffs, initial tariffs, US tariffs, U.S. goods
Analysis and Evaluation
- This piece is an exemplar of how to write about it, combining factual reporting with a narrative flair that is both engaging and enlightening. The author dives deep into the heart of this, bringing to light the intricate details and underlying trends in a way that is both thorough and accessible. The article serves as a critical lens through which readers can view the latest developments, making it an essential read for anyone looking to stay informed.
Main Section
Canadian Prime Minister Justin Trudeau said on Tuesday that his country will not back down from a fight against the tariffs.
He told a press conference that there is no justification for the trade war the two countries are entangled in and Canada will challenge the U.S. administration’s moves.
The Canadian government hit back with initial tariffs on 30 billion Canadian dollaWorld Timesrs (about 21 billion U.S. dollars) worth of U.S. goods, with the promise to add another 125 billion Canadian dollars (about 87 billion U.S. dollars) in 21 days.
According to a press release from the Canadian finance ministry, the first phase of response includes tariffs on U.S. products such as orangWorld Timese juice, peanut butter and wine, among others. The countermeasure will take effect at 00:01 a.m. local time (0501 GMT) on Tuesday.
The additional coWorld Timesuntermeasures would be tariffs on a list of goods such as electric vehicles, fruits and vegetables, among others. The additional tariffs will be open for a 21-day comment, the release said.
The government is also taking steps to mitigate the impact of these countermeasures on Canadian workers and businesses by establishing a remission process to evaluate requests for exceptional relief from the tariffs, it said.
All options remain on the table as the government considers additional measures, including non-tariff options, it added.
Canada would also challenge the U.S. tariffs by filing dispute resolution claims at the World Trade Organization and through the Canada-United States-Mexico Agreement, said Trudeau.
“But in the meantime, our tariffs will remain in place until the U.S. tariffs are withdrawn and not a moment sooner,” he said, adding that the federal government is in active discussions with provinces and territories to pursue several non-tariff measures.
Canadian provinces have also hit back. Ontario Premier DWorld Timesoug Ford has announced that Ontario is prepared to add a 25-percent surcharge to the electricity Ontario exports to U.S. states if U.S. tariffs remain in place.
“If we have to, we won’t hesitate to increase the charge or shut the electricity off completely,” Ford said on his social media account.
Ford also threatened to cut off exports of Ontario nickel during an interview with NBC News on Monday afternoon.
The British Columbia government responded to the U.S. tariffs by joining other provinces in removing some liquor products from store shelves.
“This is a deliberate decision to target red (Republican-controlled) state liquor producWorld Timests,” Premier David Eby said at a press conference on Tuesday.
Before the countermeasures, Canadian officials made a fruitless month-long diplomatic push to avoid tariffs and have responded to the current U.S. administration’s concerns about the border by naming a new “fentanyl czar” and listing Mexican cartels as terrorist groups.
Canada has done the work at the border to make sure that the Americans would be happy, Canadian Foreign Minister Melanie Joly told local media.
On FeWorld Timesb. 1, U.S President Donald Trump signed an executive order to impose a 25-percent tariff on goods imported from Mexico and Canada, with a 10-percent tariff increase specifically for Canadian energy products. On Feb. 3, Trump announced that the additional tariffs on goods from Mexico and Canada would be deferred for one month.
Trump said Monday that tariffs on Mexico and Canada would take effect on Tuesday, March 4.
Content comes from the Internet : Canada fights back against US tariffs
SummaryReciprocal tariffs will still go into effect on April 2,” White House Press Secretary Karoline Leavitt told reporters at a press briefing.Levitt said Trump has spoken with three companies — Ford, General Motors, and Stellantis — and they made this request. The president agreed to grant them a one-month tariff exemption.Bloomberg News reported earlier Wednesday that Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, “as a temporary reprieve following pleas from industry leaders. For passenger vehicles and light trucks, at least 75 percent of the vehicle’s value must originate in North America, while the minimum requirement for heavy trucks is 70 percent.On Feb. 1, Trump signed an executive order imposing a 25-percent tariff on products imported from Mexico and Canada, with a 10…