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Trump administration hits Canada with 50% tariff over alleged trade 'discrimination'
['Bonny Chu']
Latest & Breaking News | Fox Business
The Trump administration on Monday announced it will impose a 50% tariff on certain Canadian imports, citing what officials called trade "discrimination" against American businesses.
A senior administration official told FOX Business correspondent Edward Lawrence that the tariffs are not intended to spark a trade war, but to counter what the White House views as discriminatory Canadian trade measures.
Senior administration officials told FOX Business that products such as wine, hockey sticks and cement will be affected, while energy, potash, fish and critical minerals will be exempt.
The administration also accused Canada of using a quota system that limits the number of U.S.-made vehicles allowed into the country tariff-free.
GET FOX BUSINESS ON THE GO BY CLICKING HEREFor the dairy industry, the administration alleged Canada excluded U.S. retailers from accessing tariff-free quotas while allowing other countries to benefit.