ALTOONA, Wis. (WEAU)- It looks like Canada has had enough of President Trump’s steel and aluminum tariffs. Reports from Politico say Canadian officials are updating and expanding the list of U.S. products going into Canada with retaliatory tariffs of their own. The Canadian leaders say talks on relieving trump’s tariffs have gone nowhere and it’s time to act. The list of products hit with those proposed tariffs hasn’t been finalized yet but it’s expected apples, pork, wine and ethanol will be on the list, for a hit of about %750 million on U.S. products going north of the border.
Photo of steel and aluminum.
Now the airline industry is apparently a reason for President Trump to impose more tariffs. This time they would be directed at the European Union because of their subsidies to Boeing rival Airbus. The U.S. has been complaining about the issue for the past 14 years and the Administration says it’s time to stop talking and take action. Products listed as targets for these new tariffs include aircraft products as well as a variety of European cheeses, wine, fresh and dried fruit, olive oil, fresh juices and jams.
One of the impacts of the original North American Free Trade Agreement was that it just about put commercial tomato growers in the U.S. out of business because of Mexican dumping of tomatoes into the U.S. Now the Mexicans are offering a program they say will help U.S. growers. It’s a significantly higher floor prices for selling Mexican tomatoes in this country. But the Mexican offer came only after our Commerce department said it would end the agreement on tomato sales between the 2 countries on May 7th. Observers say getting a new arrangement in place should help get the new U.S.-Mexico-Canada Free Trade Deal passed in Congress.
The national pork Producers board of directors has cancelled this year’s World pork Expo scheduled for June in Des Moines, Iowa. They say they’re taking that action because of the threat of African Swine Fever that continues to spread across China and other parts of Asia. That show annually attracts over 20,000 people, many from the infected part of the world and has been held every year since 1987.