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Will Hit Canada With Dairy, Lumber Tariffs Shortly, Says Trump
Hindustan Times Lucknow
|March 08, 2025
President Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as Friday, threatening again to disrupt crossborder trade.
WASHINGTON: "They'll be met with the exact same tariff unless they drop it, and that's what reciprocal means," Trump said on Friday in the Oval Office.
"We may do it as early as today, or we'll wait till Monday or Tuesday, but that's what we're going to do. We're going to do, we're going to charge."
Trump's comments come a day after he delayed until April 25% tariffs on Mexican and Canadian goods covered under a free trade agreement he negotiated with those countries during his first term.
The imposition of those levies sparked a market selloff and raised worries that Trump's tariff policies risk exacerbating economic headwinds.
"They make it impossible for us to sell lumber or dairy products into Canada," Trump said.
Dit verhaal komt uit de March 08, 2025-editie van Hindustan Times Lucknow.
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