Trump to Hit Canada with New 50% Tariff

U.S. President Donald Trump has signed an executive order that will impose tariffs of 50 per cent on a wide range of Canadian exports. The 50 per cent rate is being imposed in response to what a senior administration official described as Canada’s retaliation against U.S. trade policy and its discrimination against U.S. motor vehicles, dairy and alcohol. The new rate is set to take effect in 30 days.

While energy and potash would be exempt, products that until now have been allowed into the U.S. tariff-free under terms of the Canada-United States-Mexico Agreement (CUSMA) would be hit.

Source: CBC News

About Farrow:

A wholly owned subsidiary of Kuehne+Nagel Group, and headquartered in Windsor, Ontario Canada, Farrow brings to the global trade industry over 115 years of expertise in cross-border customs brokerage, trade consulting, and integrated logistics services. Further to its beginnings in customs brokerage, Farrow offers trade consulting — expert advice on import/export and trade management, duty recovery and regulations compliance. With a strong network of locations across North America, Farrow manages over 500 employees with 15 offices and warehouses, including those of acquired company Link+ Corporation.

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