HomePolitics"Canada Adjusts Retaliatory Tariffs, Adds Copper Wire & Charcoal"

“Canada Adjusts Retaliatory Tariffs, Adds Copper Wire & Charcoal”

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The Canadian government has adjusted its list of retaliatory tariffs by removing seafood and fish products and adding copper wire and charcoal to maintain equal countermeasures against the U.S. Finance Canada stated that the removal of seafood products was based on industry feedback. The government emphasized that it regularly assesses the effectiveness of these measures, particularly targeting industries impacted by U.S. tariffs.

In response to President Donald Trump’s recent tariffs, Ottawa announced an increase in duties on American steel and aluminum products from 25 to 50 percent, along with a 25 percent tariff on various seafood items. Additionally, the Ministry of Finance confirmed the inclusion of copper wire, charcoal, plaster sheets, tiles, and printed photographs on the tariff list, set to be enforced at a 50 percent rate starting September 8.

Finance Minister François-Philippe Champagne highlighted that the decision to remove U.S. seafood from the tariff list was made in the best interest of Canada after listening to Canadian feedback. When questioned about the implications of this decision on the White House, Champagne reiterated that it was a strategic move for the benefit of Canada.

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