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Canada imposes 25% tariff on US metal products in a tit-for-tat retaliation

  • Canada imposed tariffs on American goods of worth 12. 6 billion dollars including iron and ketchup in a tit-for-tat retaliation on Sunday. On June 1, 2018 US President Trump had placed 25 percent tax on steel and 10 percent tax on aluminum. 10% tariffs have also been imposed on nearly 250 US goods including orange juice, whiskey, maple syrup, strawberry jam, and beer. As per media reports, this step is taken by Canada in order to exert political pressure on the US.

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