Canada pays US aluminum and steel taxes

Thanh Hà |

Canada responds to US President Donald Trump's global steel and aluminum tax rate of 25% with the corresponding tax rate targeting US goods worth 29.8 billion Canadian dollars.

Canada has responded to each dollar by imposing a corresponding tax on imports from the US from midnight on March 12.

The target of the retaliatory tax is 12.6 billion USD for US steel, 3 billion USD for aluminum and 14.2 billion USD for additional US goods, including computers, sports equipment and cast iron products.

Canadian Foreign Minister Melanie Joly said that Canada is fighting day by day. We will not back down, she stressed.

The latest measure comes along with the $30 billion Canada fine that Canada imposed on US goods on March 4, according to Politico.

Canada's incoming prime minister Mark Carney has said he intends to maintain the retaliatory tax rate until "the American people respect us". He said Canada expected credible commitments to free and fair trade. Mr. Carney said he will not participate in trade negotiations until he is sworn in as prime minister, scheduled to take place this weekend.

Prime Minister Ontario Doug Ford arrived in Washington on March 13 to meet with US Secretary of Commerce Howard Lutnick to discuss the trade war. In the process set by President Donald Trump, Minister Lutnick has until February 2 to make a series of decisions on global tariffs.

On March 11, Fords Trump agreed to postpone a 25% tax rate on the provinces electricity exports to three US states in exchange for a meeting at the White House.

Previously, on March 12, the European Union announced a two-phase retaliatory measure for US goods, applying to 26 billion euros in EU exports.

Thanh Hà
TIN LIÊN QUAN

Mr. Trump withdraws additional 25% of tariffs on Canadian aluminum and steel

|

US President Donald Trump withdraws decision to impose an additional 25% tax on Canadian aluminum and steel.

Trade war escalates, China imposes tariffs on Canadian goods

|

China imposes retaliatory tariffs on some Canadian goods amid an escalating trade war.

Mr. Trump threatens to impose 250% tax on Canadian goods

|

President Donald Trump has said he could impose a tariffs of up to 250% on dairy and wood products imported from Canada.

Former Vice Chairman of Thanh Hoa Province asks for early retirement

|

Former Vice Chairman of Thanh Hoa Provincial People's Committee Ngo Van Tuan submitted an application for early retirement to facilitate the agency's streamlining of the apparatus.

The Politburo works with the Standing Committee of the Da Nang City Party Committee

|

On the morning of March 13, the Politburo's Inspection Team worked with the Standing Committee of the Da Nang City Party Committee.

Lao Dong Newspaper won the C prize of the Hanoi Party and Political System Building Award

|

Hanoi - Lao Dong Newspaper was awarded 1 C prize of the Press Award for "Building the Party and the political system of Hanoi City".

Khanh Hoa celebrates the 37th anniversary of the Gaz Ma event

|

Khanh Hoa - 37 years ago, on the island of Gac Ma - Truong Sa, on March 14, 1988, 64 soldiers of the Vietnam Navy heroically sacrificed to protect the sovereignty of the Fatherland.

Rushing to increase the price difference for Thuong Thanh social housing project

|

Hanoi - At the Thuong Thanh social housing project (Long Bien district), the situation of brokers selling buying prices at a price difference of up to hundreds of millions of VND has appeared vigorously.

Mr. Trump withdraws additional 25% of tariffs on Canadian aluminum and steel

Thanh Hà |

US President Donald Trump withdraws decision to impose an additional 25% tax on Canadian aluminum and steel.

Trade war escalates, China imposes tariffs on Canadian goods

Thanh Hà |

China imposes retaliatory tariffs on some Canadian goods amid an escalating trade war.

Mr. Trump threatens to impose 250% tax on Canadian goods

Thanh Hà |

President Donald Trump has said he could impose a tariffs of up to 250% on dairy and wood products imported from Canada.