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Trump gives up taxing Canada

2020-09-18T18:56:26.765Z


Washington was considering a tax on aluminum imports.Montreal Everything seemed to be decided in advance. Canada expected midweek to once again suffer the commercial wrath of Donald Trump for many months. " Canada has taken advantage of us, once again," hammered the tenant of the White House on August 6, before announcing a tax of 10% of Canadian aluminum, as of August 16 . A dramatic turn of events a month later! Washington backtracked and overtur


Montreal

Everything seemed to be decided in advance.

Canada expected midweek to once again suffer the commercial wrath of Donald Trump for many months.

"

Canada has taken advantage of us, once again,"

hammered the tenant of the White House on August 6, before announcing a tax of 10% of Canadian aluminum, as of August 16 .

A dramatic turn of events a month later!

Washington backtracked and overturned its decision, retroactively to September 1.

"After consulting with the Canadian government, the United States has determined that trade in unalloyed crude aluminum is expected to normalize in the last four months of 2020, with imports declining sharply from increases seen earlier this year.

" , said a statement from the Office of US Trade Representative Robert Lighthizer.

The news was greeted with relief in Ottawa.

Washington had imposed tariffs of 25% on steel and 10%

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Source: lefigaro

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