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Home›Global Markets›Trade & Tariffs›Retaliatory tariffs to begin Sept. 8 after U.S.-Canada…

Retaliatory tariffs to begin Sept. 8 after U.S.-Canada talks collapse

The dispute follows the failure to reach a deal, and new 50% tariffs on some Canadian exports took effect after that outcome.

Reported · Written up by our desk · Trade & Tariffs

CNBC Markets reports that retaliatory tariffs are set to begin on Sept. 8 after U.S.-Canada trade talks collapsed.

According to CNBC World, new 50% Trump administration tariffs on some Canadian exports went into place following the failure to reach an agreement on Friday.

The move raises the likelihood of stepped up trade friction between the two countries, centered on duties applied to specified Canadian exports.

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Sources

CNBC MarketsAs U.S.-Canada trade talks collapse, Carney says retaliatory tariffs will start Sept. 8
CNBC WorldAs U.S.-Canada trade talks collapse, Carney says retaliatory tariffs will start Sept. 8

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