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Canada slaps back at new Trump tariffs with $2.7B in aluminum duties
Trump plans to reimpose aluminum tariffs on Canada
‘Canada was taking advantage of us, as usual,’ Trump says while explaining why he plans to sign a proclamation that will reimpose aluminum tariffs on the country.
Canada has vowed to impose $2.7 billion in retaliatory tariffs against the United States in what Prime Minister Justin Trudeau's government is calling a “swift and strong” response to President Trump's order reinstating 10% duties on the country’s aluminum.
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The figure was announced Friday by Deputy Prime Minister Chrystia Freeland during a press conference in which she blasted Trump’s decision as one that will “hurt the economic recovery on both sides of the border” during the global coronavirus outbreak.
“In imposing these tariffs, the United States has taken the absurd decision to harm its own people at a time when its economy is suffering the deepest crisis since the Great Depression,” she told reporters.
TRUMP RE-INSTATING 10% TARIFF ON ALUMINUM FROM CANADA
“Any American who buys a can of beer or of soda, or a car or a bike will suffer,” she continued. “In fact, the very washing machines manufactured at the Whirlpool plant where the president made his announcement yesterday will become more expensive for Americans and less competitive with machines produced elsewhere in the world as a result of these tariffs.”