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
RELATED NEWS

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.

Affected by a series of violations, businesses still operate despite the ban

|

Phu Tho - Despite being involved in a series of violations and being asked to stop, the quartz powder production line in the brick factory in Van Xuan commune is still operating freely.

9th Hour No. 190: Short Happiness - Part 2

|

Hour 9 - Husband's career advancement suddenly strays to adultery. Facing cruel betrayal while being happy, how will the wife handle it?

Voters in mountainous Da Nang reflect on the worry of landslides, hoping to escape poverty sustainably

|

Da Nang - Voters hope that the commitments of National Assembly candidates will not only stop at promises but become long-term actions for mountainous areas.

US responds to news of Russia providing locations of US warships and aircraft to Iran

|

The Pentagon affirmed that US forces are monitoring the activities of Russia and Iran amid escalating conflict in the region.

Road worth over 1,300 billion VND in Hanoi completed all items in March

|

Hanoi - Ring Road 2.5 project, Dam Hong - National Highway 1A section, 1.6km long, with a total capital of over 1,300 billion VND, will complete all items in March 2026.

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.