Justin Trudeau's Canada hits back at Trump's tariffs

Canada moves ahead with $16.6 billion in tariffs on U.S. products as trade war heats up

Foreign Affairs Minister Chrystia Freeland will reveal the final list of US products that will be slapped with retaliatory tariffs starting Canada Day in an announcement later today.

The tariffs mirror the value of those imposed by President Donald Trump's administration.

"I think that prediction has been borne out and I think all of us anticipate there will be some moments of drama in the future". At the time, she said she told Canadians the federal government expected "moments of drama in this process".

"Faced with these unjustified tariffs, the United States will take all necessary actions under both USA law and global rules to protect its interests", he said in the statement.

In a blow to Trump earlier this week, iconic American motorcycle company Harley-Davidson announced it would move some production overseas to avoid European Union tariffs imposed in response to USA steel and aluminum duties.

The list of products is meant to match "dollar for dollar" the United States tariffs, which came into effect on 1 June, Ms Freeland said.

She is also expected to reveal the details of the federal government's plan to support Canada's tariff-targeted steel and aluminum industries.

Trump has explained the steel and aluminum tariffs by saying imported metals threatened the United States' national security - a justification that countries rarely use because it can be so easily abused.

The US and Canada are also in talks to update the North American Free Trade Agreement, which includes Mexico.

As temperatures and tensions increase, the measures targeting Can$16.6 billion (US$12.6 billion) in U.S. steel, aluminum and consumer goods will take effect on Sunday, when Canadians celebrate a national holiday and just days before Americans celebrate Independence Day amid a heatwave expected in both countries.

He is also threatening to impose another national security-based tariff on imported cars, trucks and auto parts.

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"There's too much at stake", she said.

The U.S. embassy in Ottawa said it had no immediate comment.

Findlay said a bigger concern than the tit-for-tat moves between the USA and Canada is the repercussions of Trump's broader movement on trade, which has included tariffs aimed at China and countermeasures by the Chinese government. And at the end of the day, Ujczo added the Trump administration's overarching objective of the talks has been to stop Canada and Mexico from being the back door to North America for Chinese goods, like steel. "We support that", he said.

About 6,000 jobs in Canada are at risk due to the USA tariffs, the CD Howe Institute has estimated.

The government says it is still working on getting the U.S.to lift their "protectionist and illegal" tariffs.

The United States also is the top destination for Canadian vacationers, who made 42 million trips to the USA in 2017.

But within that framework, Ottawa is targeting a wide range of American goods, from ketchup to lawnmowers, aimed at having an impact on areas that supported Trump in the 2016 presidential election. Bains, the economic development minister, said Friday that the feds are consulting with industry so even more can be done to address the diversion and dumping of aluminum and steel in the Canadian market. Steel and aluminum exports to the United States were worth €3.58 billion in 2017. The product will now be hit with a 10 percent duty.

Canadian steel is used in American tanks, and Canadian aluminum is used in American planes.

The US is also exposed to thousands of potential job losses, as higher costs for steel and aluminium hurt US firms and trigger retaliation from Canada and elsewhere.

That amount includes $50 million over five years to help companies diversify markets and take advantage of European Union and Asia-Pacific trade deals.

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