How did Canada respond to the U.S. tariffs on Canadian aluminum products?

After the U.S. increased tariffs on Canadian aluminum products by 10%, Canada retaliated with the same policy, so I think this time I want to give Canada a thumbs up, he finally hardened his face against the United States.

To be honest, I think there are also some countries that need to govern the United States and the arrogance of TrumpKnowing that he is an indispensable link in the world, he has been so unscrupulous and domineering, he can break the previous agreement at any time, and he can tear up the previous agreement at any time and start over, such a country without the spirit of the agreement, who is willing to do business with him in the future, if it is not for the fact that the dollar still accounts for a large proportion of transactions in **, I think if the United States is no longer the world's largest economy and no longer the world hegemon, I think the United States will end up very miserable.

Because in 2019, the United States ** Trump and Canada signed a contract to say that they will no longer accept tariffs on Canadian aluminum products, but just recently he re-signed the announcement, saying that he would resume a 10% increase in tariffs on some aluminum products imported from CanadaThis is not the first time that the United States has done this kind of reneging on the treaty, and the Canadian Prime Minister has shown a very tough attitude this time, responding that Canada will also increase tariffs on imported American goods, and the total amount of tariffs will be equal to the total amount of tariffs increased by the United States.

Canada's move is undoubtedly to say as if only our country is importing, your country will also import, since you increase my tariffs, then I will also increase your tariffs, let's come to each other, you have the ability not to dump products on us, since you are afraid that my aluminum products will occupy too much market in your country, resulting in your own enterprises being affected, then we will also target some of your enterprises.

We can also know why Trump would do such a thing, because now with the impact of the epidemic, the global demand for your products has plummeted, and the United States and Canada are both aluminum mining countries, and the two are definitely competitors.

He strongly opposed it, and said that if the United States took action to impose tariffs, it could affect the relationship between the two countries, and future cooperation would be limited. Although it is expressed in this way, it doesn't seem to go into depth.

Canada responded by adding the same tariffs to U.S. products. In response to the sudden tariffs imposed by the United States on Canada's domestic aluminum products, the Canadian Ministry of Commerce recently responded that it would take measures to impose the same tariffs on related products in the United States.

At first, it was the United States that Trump signed an announcement on August 6, announcing that the United States would resume a 10% tariff on some aluminum products imported from Canada. As a result, Canada retaliated against the United States, while Trump broke his promise on the grounds that Canadian aluminum producers had broken their promises and that it was necessary to defend Alcoa as a result of the August 16 tariffs.

There was ** friction between them. They all want to contain each other for their own benefit.

It was the United States that first announced a 10% aluminum tariff on Canada, and Canada was only fighting back against the United States, and the United States did not just target Canada, but many countries in Europe did the same.

As usual, Canada is taking advantage of us. Introduction to the incidentYou may not know much about the announcement signed by Trump on the 6th, so let's give a brief introduction here.

Things have to be doneMay 2019This month, Trump agreed to lift tariffs on aluminum products against Canada, with the aim of reaching a US-Mexico-Canada agreement, known as the "US-Mexico-Canada Agreement". In the end, the agreement was successfulIn 2020July 1Officially in force,Replaces the 26-year-old North American Liberty Agreement**

But shortly after the agreement was reached, Trump said:

A few months ago, my** agreed to remove these tariffs in exchange for a commitment from Canada** that its aluminum industry would not export large quantities to the United States. And they're doing it and killing jobs in the U.S. aluminum industry.

Soon after, Trump said this during a tour of an appliance factory in Ohio that day

As usual, Canada is taking advantage of us. Canada has hit the U.S. aluminum industry hard, hurting U.S. jobs, which is very unfair to U.S. workers.

According to the announcement of the U.S. side, we can learn that the largest country in the United States importing unalloyed unwrought aluminum is Canada, which accounts for the total import of this product in the United States in 2019Nearly two-thirds。In the first five months of 2020, Canada accounted for the total U.S. imports of this productAbout 75%.。Although the United States** believes that the surge in Canadian aluminum imports threatens aluminum production and capacity utilization in the United States, some business groups in the United States do not support the White House's decision.

Myron Brillant, head of international affairs at the U.S. Chamber of Commerce, said:

The tariffs would raise costs for U.S. manufacturers, which most U.S. aluminum producers oppose, and would lead to retaliation against U.S. exporters. "We urge ** to reconsider this initiative.

According to the United States, on July 8, Canadian Prime Minister Justin Trudeau was originally invited to visit the United States with Mexico** López, and the three sides jointly celebrated the entry into force of the USMCA agreement. However, due to the possibility of additional tariffs on Canadian aluminum products by the United States** and concerns about the epidemic, Trudeau declined the invitation to meet with the three parties.

U.S. ** Trump announced a 10% tariff on aluminum exports to Canada to the U.S. Trump said that Canada has been taking advantage of the United States, and the American aluminum industry has been hit hard by Canada, and it is always discarded when it is used up.

Because of US hegemony and self-interest, American capitalists put their own interests first.

The leader of the United States is a real businessman who will not spare any means to increase the economy, whether it is an enemy or a friend.

The United States announced tariffs on Canadian aluminum products, and Canada will also impose tariffs on imports of American products in response.

At present, Canada*** has responded, and Canada will take the same tariff measures against the United States.

Come and don't be rude. In response, tariffs are imposed on U.S. exports to Canada.

Canada first expressed strong opposition and condemnation, and then took reciprocal retaliatory measures. In the face of the backstabbing of its ally the United States, the Canadian Prime Minister previously announced a retaliatory tariff of $3.6 billion on aluminum products from the United States.

It has always been strongly condemned, and it has expressed dissatisfaction with the actions of the United States this time. Now we are in communication, and we want to determine with the United States how to deal with this problem, and it is not ruled out that sanctions will be imposed on the United States in the future.

It is scheduled to start on July 1.

U.S.** Trump announced that he will impose tariffs of 25% on steel and aluminum imports from the European Union, Canada and Mexico at 10% on June 1. The move was immediately condemned by America's closest allies.

According to the report, the move marks the most aggressive action taken by the United States against major U.S. partners, who have been fighting for permanent relief. It is understood that the European Union, Canada and Mexico together account for about 40% of U.S. steel imports. Among them, data from October 2017 showed that Canada, the largest ally of the United States, exported 5.8 million metric tons of steel to the United States that year, ranking first in the list of steel exports to the United States in various regions.

The European Union said it would take immediate steps to retaliate, with Mexico** vowing to impose tariffs on everything from U.S. flat steel to cheese. Canada** announced plans to impose C$16.6 billion in retaliatory tariffs on U.S. steel, aluminum and other products from July 1, and that Canada** will continue to implement tariffs as long as U.S. tariffs remain unchanged.

It is understood that the European Union announced a list in mid-March this year, indicating that it intends to impose tariffs on agricultural products, clothing, cosmetics, tobacco and alcohol, ships, motorcycles and other products worth 6.4 billion euros exported to Europe from the United States, with a maximum tax rate of 25%.