The federal Finance Department released the full list of products that will be targeted by tariffs on U.S. goods, and signalled there would be some exemptions in exceptional circumstances
Shipping containers in the Port of on Feb. 2. Canada has released the list of items it plans to target with tariffs in response to 25-per-cent U.S. levies. Canada is imposing 25-per-cent retaliatory tariffs on hundreds of American goods from chicken and lemons to wine, refrigerators and motorcycles starting Tuesday.to be targeted Sunday, the day after U.S. President Donald Trump launched a costly and destructive trade war against Canada .
The list represents products that will be hit in the first round of retaliatory tariffs by Canada starting Feb. 4. It covers $30-billion of American products. Canada is readying a second, broader round of retaliatory tariffs in 21 days that will affect another $125-billion in American imports. These first-round tariffs that take effect Feb. 4 will increase prices for many consumer goods for Canadians. The range of affected products is extensive, also including tobacco, mattresses, guns, drones, water heaters, hair dryers, vacuum cleaners as well as military gear such as bombs, grenades, torpedoes and missiles.
Even as it readies retaliatory tariffs, the Canadian government signalled it will grant exemptions to levies in exceptional circumstances for importing companies that can prove they can’t find substitute inputs, or in the case where this could have severe economic impact.“Under specific circumstances, remission allows for relief from the payment of tariffs, or the refund of tariffs already paid,” the Finance Department said in a statement Sunday.
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