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Canadian Prime Minister Justin Trudeau has asserted his authorities will implement “dollar-for-dollar” retaliatory measures after US president Donald Trump introduced new tariffs on imports of Canadian aluminum.
Canada and the United States have had bitter exchanges over tariffs imposed by the latter on metal and aluminum however most points appeared to have been resolved with the brand new United States Mexico Canada regional free commerce deal to exchange the older NAFTA coming into existence this yr.
However, Trump used the stage of an election rally in Ohio to announce that Washington will impose a 10% tariff on Canadian aluminum to which Trdeau replied in a tweet saying, “In response to the American tariffs announced today, Canada will impose countermeasures that will include dollar-for-dollar retaliatory tariffs.”
The Candian prime minister didn’t specify what form and which sectors the countermeasures will influence. But his stand was mirrored by that of deputy prime minister Chrystia Freeland, who made the identical level in a press release launched by her workplace.
“”Canadian aluminum doesn’t undermine US nationwide safety. Canadian aluminum strengthens US nationwide safety and has executed so for many years by means of unparalleled co-operation between our two international locations,” she added
The tariff struggle between the neighbouring nations comes as a repeat of occasions of 2018 when Canada had retaliated by imposing $ 16.6 billion price of tariffs on American merchandise coming into the nation.
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