Canada retaliated with a new set of counter-tariffs Thursday after President Donald Trump slapped a 25 per cent levy on steel and aluminum coming into the U.S.
The federal government targeted $29.8 billion worth of U.S. goods. This is in addition to the first wave of counter-tariffs — on $30 billion worth of U.S. products — that Ottawa levied last week.
WATCH | Canada announces $29.8B in retaliatory tariffs: Finance Minister Dominic LeBlanc outlines the federal government’s plan to slap tariffs on $29.8 billion worth of American goods to hit back against U.S. President Donald Trump after he imposed tariffs on Canadian steel and aluminum.
Finance Minister Dominic LeBlanc, the government’s point person on Canada-U.S. relations, said Trump’s attack on Canadian industry is “unjustified and unjustifiable” and the government must retaliate as the U.S. inserts “disruption and disorder” into what was once one of the most successful trading relationships in the world.
“We will not stand idly by while our iconic steel …