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Canada on Friday took punitive action against US assets worth more than C $ 16.6 billion (US $ 12.63 billion), in response to Washington's tariffs on imports from Canada. Steel and
Reprisals are known after General Motors Co warned that any tax imposed by the United States on imported vehicles could cost jobs in the country, and after Treasury Secretary Steve Mnuchin has denied a report that President Donald Trump wanted to remove Washington from the World Trade Organization (WTO).
The increase in trade tensions between Canada and the United States and the reluctance of US companies to higher tariffs, even for imported cars, pressed the White House to defend its protectionist position in the United States. "First United States" since Trump took office in January 2017. [19659002MMnuchinafustigéunsitedinformationfromAxiosquirhatMTrumpwasnotifiedtohisadvisersthathewantedtheUStoissueMOCwouldcausestheworldcommercialreportofitspeopleinvolvedindiscussionswiththePresident
Trump later said that he has not yet considered withdrawing from the organization even though the United States has been abused by it.
which will come into effect on July 1, mainly targets US steel and aluminum products, as well as foods such as coffee, ketchup and whiskey, according to a list published by the Department. Finance Canada
"We will not continue with the rise, but we will not back down," Freeland said at a televised press conference at the Stelco Holdings Inc. plant in the city. Hamilton, ON,
The measures are intended to put pressure on Trump, focusing on state property where his Republican party is fighting for congressional seats in the November general election.
A Canadian announcement was made just as the largest automaker in the United States warned that overly broad tariffs could isolate US companies and destroy jobs.
The Trump administration has opened an investigation in May on whether imported vehicles were threatening the United States. national security. The White House repeatedly threatened to impose 20% import duties on vehicles
Peña Nieto and Trudeau talk about measures before US tariffs
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