- On Friday, Canada added more U.S. goods to the list, with new items subject to a 50% tariff.
- The Canadian countermeasures will go into effect on Tues. Sept. 8.
- On Wednesday, Finance Canada said it was adjusting the list after receiving feedback from Canadian industry stakeholders.
- American seafood and fish were removed from the initial tariff list, and Finance Minister Francois-Phillippe Champagne said removing tariffs on U.S. seafood products was “in Canada’s best interests.”
- The decision to adjust the tariff list was made to strengthen Canada’s sectors and better match American tariffs dollar for dollar, rate for rate.
- Newly added items include wood charcoal, American copper wire, printed material (including printed pictures and photographs), articles of plaster, and glass containers such as carboys, bottles, flasks, jars, pots, phials, ampoules, preserving jars, stoppers, lids, and other closures.
Canada has announced a significant expansion of its counter-tariff measures, responding to U.S. President Donald Trump’s tariffs with over 700 American goods now subject to tariffs totaling $27.6 billion.
The new tariffs, effective September 8, are designed to match U.S. rates dollar for dollar, with specific rates set at 15%, 25%, and 50%.
A spokesperson for Finance Canada stated, “We’ve been working with and listening to stakeholders and provinces all throughout this process.” This feedback has been crucial in adjusting support measures to meet the immediate needs of affected sectors and workers.
The adjustments to the tariff list were made after consultations with Canadian industry stakeholders, leading to the removal of American seafood and fish from the initial list. Finance Minister Francois-Phillippe Champagne emphasized that removing these tariffs was “in Canada’s best interests.”45
The counter-tariffs include a variety of products, such as wood charcoal, American copper wire, printed materials, and glass containers. The government aims to strengthen Canadian sectors while responding effectively to U.S. trade policies.789
“The expanded list includes wood charcoal, American copper wire, and glass containers, with new items facing a 50% tariff. Finance Canada adjusted the list after stakeholder feedback, and removed U.S. seafood, which Finance Minister Francois-Phillippe Champagne said was 'in Canada's best interests.'”
Global News
