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Canada targets Russia and Belarus with tariffs

Home News Canada targets Russia and Belarus with tariffs

Canada targets Russia and Belarus with tariffs, sends more lethal aid to Ukraine

Russia and Belarus will face new tariffs and Canada will send Ukraine more lethal aid, Ottawa announced Thursday as the war in Eastern Europe enters its second week.

The measures are the latest in a growing pile of decisions made by Canada and its allies over Russia’s invasion of its democratic neighbour, which began Feb. 24.

More than one million Ukrainians have fled the country since the war began, and despite peace talks resuming Thursday, there appears to be no end in sight to the bloody conflict.

“There is every reason to believe it’s going to get worse and a lot more people are going to die, and we as Canadians need to brace ourselves for that,” said Deputy Prime Minister Chrystia Freeland at a news conference in Ottawa.

“We have some terrible nights ahead, and we need to also really remember the human tragedy here even as we celebrate the incredible strength and resilience of the people of Ukraine.”

Canada slaps goods from Russia, Belarus with 35% tariffs

Ottawa and its allies have promised to continue to impose sanctions on Russia and its confidants for the invasion of Ukraine in order to deter it from escalating the conflict even further.

On Thursday, Freeland announced Canada is imposing a 35 per cent tariff on goods from Russia and Belarus.

Furthermore, the federal government is revoking Russia’s and Belarus’ status as a most-favoured-nation trade partner under World Trade Organization (WTO) provisions; North Korea is the only other nation that does not enjoy that status with Canada.

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Source: Global News

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