US increases tariffs on Canada by 10% in retaliation for advertising campaign – Bundlezy

US increases tariffs on Canada by 10% in retaliation for advertising campaign

Donald Trump announced that it will increase the tariffs to Canada 10%just one day after breaking trade relations with its northern neighbor in retaliation for a advertising campaign against the surcharges imposed by the United States.

The Canadian province of Ontario launched its campaign against US tariffs during the first game of the North American Baseball Championship, with a large audience.

You may also be interested: Trump breaks off trade negotiations with Canada after dispute over Reagan’s announcement

The global tariffs imposed by the US, mainly on automobiles, steel and aluminum They have already hit Canada with lost jobs and great pressure on companies in these sectors.

Trump wrote on his social network Truth Social that “the advertisement should be withdrawn immediately, but they allowed it to be broadcast last night, during the World Series, knowing that it was a FRAUD.”

During his trip to Asia, he added that “due to his serious distortion of facts and his hostile actionI am raising tariffs to Canada by an additional 10%, above what they already pay currently.”

You may also be interested: Trump praises Sheinbaum again, but says that the cartels rule in Mexico

Likewise, after the broadcast of the announcement that Trump described as ‘scandalous behaviour’the first American president announced the immediate rupture of the trade negotiations with Ottawa specifically.

According to the Canadian newspaper Globe and Mail, the breakdown of trade negotiations comes at a time when a agreement between Ottawa and Washington on steel, aluminum and energy it already looked close.

Source link

The post US increases tariffs on Canada by 10% in retaliation for advertising campaign appeared first on Veritas News.

About admin