Washington has raised tariffs on a range of Canadian products as the trade war between the two neighbouring countries intensifies.
The new measures impose an additional 50% tariff on certain cheeses, animal fur, motorboats and paper- or steel-based products entering the United States.
However, some goods already targeted by an additional tariff of the same level are exempt from the latest changes. These include toilet paper, cement and whisky in containers larger than four litres.
Further import restrictions planned
The changes were announced last week after Ottawa imposed tariffs on US products in response to additional duties previously introduced by Washington.
Following Canada’s retaliation, the US government also plans to ban imports of certain Canadian products from September 29. The list includes alcoholic beverages, dairy products such as whey, and motorcycles with engines larger than 800cc.
Canada heavily reliant on US market
With the world’s largest market on its doorstep, the Canadian economy has developed a strong dependence on the United States over decades.
Nearly three-quarters of Canada’s exports are destined for the US market, leaving Canadian businesses particularly exposed to the escalating trade dispute.
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