Tuesday, 02 January 2024 12:17 GMT

US Widens 50% Tariffs On Canadian Imports Arabian Post


(MENAFN- The Arabian Post) clearfix">A new round of 50 per cent US tariffs on Canadian goods took effect early Tuesday, adding the levy to 110 tariff items while removing 10 others from the list.

The changes, effective from 12.01am Eastern Time on September 15, cover products including selected cheeses, motorboats, all-terrain vehicles, furniture, mattresses, lamps, aluminium products, paper goods and iron or steel structures. They form part of a package of measures signed by President Donald Trump on September 8 after Canada activated retaliatory tariffs on US goods.

The White House said the revisions were designed to“offset the burden to US commerce while better serving the public interest”. Products removed from the 50 per cent tariff list include rock salt, Portland cement, chemically pure sugars, tissue and towel stock, paper bed sheets, refined lead, low-voltage switchgear and fishing-rod parts.

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The Arabian Post

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