Canada unveils response to Trump tariffs


WASHINGTON (AFP) — Canada is set to announce Tuesday its response to new US tariffs after trade talks with President Donald Trump’s administration failed to reach a deal.
Canada said its finance, industry, and labor ministers will outline measures to protect workers and businesses from the new tariffs.
The United States imposed 50 percent tariffs on select Canadian goods after talks broke down Friday. The duties took effect Saturday.
Canadian Prime Minister Mark Carney has announced retaliatory tariffs starting 8 September targeting US steel, dairy, agricultural equipment, paper and electronics.
Trump also said Monday that tariffs on Canadian autos would double to 50 percent next year.
Carney defended Canada’s decision to reject the US offer, saying Washington had sought terms that would hurt key Canadian industries.
“We learned that, during the negotiations, the Americans wanted to destroy our major industries — including the automotive, steel, and aluminum sectors — through unfair negotiating terms. And that is one of the main reasons why we said no.”
The United States is Canada’s largest trading partner, with Canadian exports to the country accounting for about 70 percent of its total exports.
The two countries must also negotiate revisions to the US-Mexico-Canada Agreement, adding pressure to resolve the trade dispute.