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Canada announces details of tariffs on USA goods

02 July 2018
Canada announces details of tariffs on USA goods

Steel coils lay in a yard at the ArcelorMittal Dofasco steel plant in Hamilton, Canada.

Don Woodbridge breaks open a cardboard box and pulls out a big jar of bread-and-butter pickles.

"Almost every rally now, Donald Trump attacks Canada".

Canadian steel is used in American tanks, and Canadian aluminum is used in American planes.

"All of us at this point fully anticipate there will be moments of drama in the future", Freeland said.

One week ago, EU retaliatory tariffs on U.S. goods came into force following United States taxes on European steel. Orders are up in anticipation of retaliatory Canadian tariffs on USA gherkins.

The ministers highlighted the $2 billion USA annual trade surplus on iron and steel products with Canada, and doubled down on calling the national security argument-the reason given by the US for imposing tariffs-as "inconceivable and completely unacceptable".

"If they didn't, they could be accused of fiddling while Rome burns", he said.

Canada's tariffs target USA steel and aluminium products, as well as consumer goods such as whiskey, ketchup and orange juice. I couldn't believe it, you know.

She also reiterated the USA measures are "illegal" and America has a trade surplus with Canada on iron and steel.

Prime Minister Justin Trudeau's government on Friday released the final list of items including ketchup, lawn mowers and motor boats, that will be targeted from July 1 with some subjected to taxes of 10 or 25 per cent amounting to $US12.6 billion ($A17 billion).

"We've got no choice".

"What we've seen over the last six months or so is Canada take measures to stop that", he said. "And I don't want to be a part of a celebration of their country's anniversary".

Those, as well as the steel and aluminum tariffs, are based on accusations that the import of foreign goods in those industries poses a "national security threat" to the American sectors, despite the reality that Canadian and American manufacturing chains are closely interconnected. "I fought hard for them and ultimately they will not pay tariffs selling into the European Union, which has hurt us badly on trade, down $151 Billion".

The government says it is still working on getting the U.S.to lift their "protectionist and illegal" tariffs. Bilateral trade is worth around C$2 billion a day. Trump has repeatedly scorned the deal and threatened to pull out, as officials from the U.S., Canada and Mexico have worked to renegotiate the 24-year-old trade agreement.

The two countries traded $673.9 billion worth of goods and services in 2017, with the US running a small $8.4 billion surplus, according to the Office of the US Trade Representative.

"Canadians are in a position of vulnerability when we could have been in a position of strength" during the trade dispute, Poilievre said.

Canada's Freeland called the idea of auto tariffs "absolutely absurd". "But from the USA perspective, it took the threat of tariffs to do that, to prod Canada toward that goal".

Canada places tariffs on dairy, egg and poultry imports above a set limit as part of its supply management system.

"It's not going to be the end of the world for Canada". We're taking strong responsive measures to defend them.

Trump's tariffs will be damaging to workers on both sides of the border.

Deron Bilous, Alberta's Minister of Economic Development and Trade, said Ottawa is on the right track.

"The two leaders agreed to stay in close touch on a way forward". In particular, the union said employment insurance rules would need to be modified to make it easier for affected workers to qualify and receive benefits for a longer period.

So far, Trudeau's move to impose retaliatory tariffs has the backing of the Canadian people.

Higher tariffs would "lead to a smaller GM, a reduced presence at home and overseas for this iconic American company, and risk less - not more - U.S. jobs", the largest United States automaker said.