Retaliatory Taxation! Canada Is Expected To Impose Tariffs On Some Of Its Products Next Week

Canada is expected to impose retaliatory tariffs on some U.S. products starting next week, with a potential tax of 3.6 billion Canadian yuan, or 18.7 billion yuan, according to the website of CBC. It was previously reported that the products Canada planned to impose tariffs on the United States may include refrigerators, bicycles, golf clubs, etc. In August this year, the United States announced the resumption of a 10% tariff on some Canadian aluminum products, causing strong dissatisfaction in Canada.