Hefty U.S. tariffs on some Canadian products took effect on Saturday after days of negotiations that went down to the wire failed to produce an agreement.
Canadian Prime Minister Mark Carney vowed that his country will match the U.S. tariffs “dollar for dollar to protect our workers and businesses,” as officials said late Friday that Washington and Ottawa had not managed to strike a deal.
The lack of a final agreement means that new 50 percent duties impacting some $20 billion worth of goods, or 5.5 percent of Canadian exports to the United States, came into force.
Impacted products range from hockey sticks to cement.
U.S. Trade Representative…
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