Trade Wars: Significant tariffs looming for Canadians

Published On June 27, 2018 | By Ryan | Business, News, Politics

Ryan Brockerville

While July 1 is Canada’s birthday, this year it could also be tariff day.

That’s the day President Donald Trump intends on imposing a 25 per cent tariff on steel and 10 per cent on aluminum being shipped to the U.S. from Canada.

Prime Minister Justin Trudeau announced proposed retaliatory, dollar-for-dollar measures to Trump’s tariffs.

Many are wondering what this will mean for Canadian and U.S. industries, as well as consumers on both sides of the border.

Here is a break down on the proposed tariffs.

The following two tabs change content below.

Leave a Reply

Your email address will not be published. Required fields are marked *