Canada will introduce a series of countermeasures to help deal with Trump tariffs.Will adjust its existing counter tariffs on US steel and aluminum products on July 21 (PM Carney)level of Canadian counterterrorist will depend on progress of talks with US on new economic deal.Only Canadian producers and producers from trading partners that provide Canada with tariff free reciprocal access can compete for federal government procurement of steel and aluminum.Canada will adopt additional tariff measures to address risks associated with persistent global overcapacity and unfair trade in steel and aluminum sectors
This article was written by Greg Michalowski at www.forexlive.com.