Quantcast

Canada Puts 15% Tax On US Goods

Get the WebProNews Newsletter:


[ Business]

Canada has put millions of dollars in sanctions on certain American imports increasing trade tension with Washington.

A 15% surtax has been placed on cigarettes, some fish and live swine from the United States.

According to a Canadian Press article,

“Canada is joining countries from around the world protesting the Byrd amendment, which the World Trade Organization has deemed illegal.

Critics complain the Byrd law unfairly allows Washington to enrich U.S. firms with cash drawn from their international competitors.”

“For the last four years, Canada and a number of other countries have repeatedly urged the United States to repeal the Byrd amendment,” said Trade Minister Jim Peterson.

The European Union also put a 15% duty on paper, agricultural, textile and machinery products from the U.S.

WebProNews | Breaking eBusiness News
Your source for investigative ebusiness reporting and breaking news.

Canada Puts 15% Tax On US Goods
Comments Off
Top Rated White Papers and Resources

Comments are closed.

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom