Canada releases list of tariffed items, including food items, appliances and military gear
Canada is imposing 25-per-cent retaliatory tariffs on hundreds of American goods from chicken and lemons to wine, refrigerators and motorcycles starting Tuesday.
The Department of Finance released the full list of products to be targeted Sunday, the day after U.S. President Donald Trump launched a costly and destructive trade war against Canada.
The list represents products that will be hit in the first round of retaliatory tariffs by Canada starting Feb. 4. It covers $30-billion of American products.
Canada is readying a second, broader round of retaliatory tariffs in 21 days that will affect another $125-billion in American imports.
These first-round tariffs that take effect Feb. 4 will increase prices for many consumer goods for Canadians. The range of affected products is extensive, also including tobacco, mattresses, guns, drones, water heaters, hair dryers, vacuum cleaners as well as military gear such as bombs, grenades, torpedoes and missiles.
Even as it readies retaliatory tariffs, the Canadian government signalled it will grant exemptions to levies in exceptional circumstances for importing companies that can prove they can’t find substitute inputs, or in the case where this could have severe economic impact.
In language used by the federal Finance Department, this is called “remission” for importers.
“Under specific circumstances, remission allows for relief from the payment of tariffs, or the refund of tariffs already paid,” the Finance Department said in a statement Sunday.
More coming.