Canada announces up to 50% retaliatory tariffs on hundreds of US goods including steel, fish, cheese and paper – live
Canada has said it will implement 50% retaliatory tariffs on $20bn worth of US goods – following through on prime minister Mark Carney’s vow to match Donald Trump’s duties “dollar for dollar”. The list of products affected by Canada’s retaliatory tariffs includes a 50% duty on American steel and aluminum. There is also a 25% tariff on cheese, fish and seafood, as well as several wood products. Meanwhile, Trump has claimed that the US Navy has informed him that “all mines have been removed and/or detonated” from within the international waters of the strait of Hormuz. The US and Iran have not exchanged air strikes for weeks, but attacks on vessels in the strait of Hormuz have continued as the two sides vie for control of the key maritime passage.