White House lifts 50% tariffs on some Canadian goods and adds others
The White House is removing 50% tariffs on some Canadian products, including plywood, some paper products, certain machinery, refrigeration equipment and packing crates and boxes, while adding others such as valves, carpets and waste products, according to a White House fact sheet. Sen. Susan Collins (R-Maine), who faces a close race against Democrat Troy Jackson, said she secured exemptions for products crucial to Maine agriculture. The Wall Street Journal reported, citing people familiar with the matter, that the move was meant to help Collins's reelection bid. Trump imposed the 50% tariffs on about $20 billion of Canadian goods in August.
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Why it matters
Businesses that buy plywood, packing crates, some paper products, machinery or refrigeration equipment from Canada would no longer pay the 50% tariff on those items, while importers of goods such as valves, carpets and waste products would. Collins says Maine blueberry, potato, apple and seaweed producers rely on Canadian equipment and packaging.
How each side sees it
Sources
- Forbes: Collins says Trump will nix some Canadian tariffs
- Portland Press Herald / Central Maine: Collins touts decision to remove some products from Canada tariffs
- CTV News (via AM800): Trump to remove 50% tariffs on some Canadian goods
- BNN Bloomberg / CTV News: U.S. senator reveals tariff exemptions
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