The Canadian government has announced retaliatory tariffs after universal U.S. tariffs on steel and aluminum came into force on March 12.
Canada’s measures will be implemented on March 13 and target CA$29.8 billion in U.S. goods, Finance Minister Dominic LeBlanc announced in a press conference in Ottawa on March 12.
LeBlanc said the measures target steel products and other goods such as computers and sports equipment. They will be implemented alongside Canada’s other counter-tariffs imposed earlier this month in response to U.S. tariffs related to border security and fentanyl.
“We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,” LeBlanc said….