Trump eases some Canada tariffs ahead of midterms to aid GOP candidates
Briefing by News4U · First published
The White House will lift 50% tariffs on plywood, paper products, machinery and refrigeration equipment from Canada on 30 October, replacing them with levies on carpets, valves and waste.
The White House announced Friday it will remove 50% tariffs on plywood sheets, paper products, certain machinery and refrigeration equipment from Canada starting 30 October, replacing them with levies on carpets, valves and waste products. [1] [3] [4] [5]
Republican Senator Susan Collins of Maine, facing a tight re-election race against Democrat Troy Jackson on 3 November, said she secured the exemptions for blueberry, potato, apple and seaweed producers after lobbying officials. [1] [2] [3] [4] [5]
President Trump said Canada is “working very hard” on a trade deal; Canadian Prime Minister Mark Carney said Ottawa is open to an agreement but willing to wait. [1] [4]
Sources
- White House lifts tariffs on some Canadian goods as midterm elections loom
BBC Business · · Full text
- Ahead of Tight Race, Trump Swaps Tariffs on Some Canadian Goods
NY Times · · Summary only
- Trump drops some Canada tariffs in bid to boost embattled Susan Collins in Maine
The Guardian Business · · Full text
- Trump eases Canada tariffs ahead of US midterms
DW English · · Full text
- Trump lifts some Canada tariffs ahead of midterms
RTHK Finance · · Excerpt