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Canada imposes tariffs on U.S. imports | Vietnam Today
Canada imposes tariffs on U.S. imports | Vietnam Today
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उपशीर्षक (64)
0:00
Now, to recap, on Tuesday night, the
0:01
Canadian government announced tariffs on
0:03
goods exported from the United States to
0:05
Canada with rates of up to 50%. The move
0:09
is widely seen as Canada's retaliation
0:11
against the United States 50% tariff on
0:13
Canadian goods exported to the US
0:15
following the collapse of tariff
0:17
negotiations between the two countries
0:18
in Washington, D.C. late last week. And
0:21
here is a report from Vietnam
0:23
Television's correspondent in the United
0:25
States.
0:29
>> Around 700 US-made products, ranging
0:32
from honey, cheese, and fish to
0:34
smartphones and steel, are now subject
0:36
to Canadian import tariffs. Canada says
0:39
these are among the products most
0:41
affected by US tariffs in retaliation
0:44
for Washington's 50% tariff on roughly
0:46
$20 billion worth of Canadian imports
0:49
after trade talks broke down last
0:51
Friday.
0:53
>> Today, I'm announcing that Canada will
0:55
match the United States tariffs dollar
0:57
for dollar, rate for rate.
1:01
Effective September 8, Canada will
1:03
impose counter tariffs of up to 15, 25,
1:07
or 50% on 27.6 billion in imports from
1:12
the United States of America.
1:15
For each product, our tariff would match
1:17
the American tariff on the same type of
1:21
Canadian good.
1:22
>> Tensions could continue to escalate as
1:25
US President Donald Trump has announced
1:27
plans to raise tariffs on Canadian cars,
1:30
trucks, auto parts, and steel to 50%
1:33
effective January 1st, 2027. Businesses
1:37
and residents on both sides of the
1:39
border are calling for tensions to ease
1:41
and for trade between the two countries
1:43
to return to normal.
1:44
>> See a lot of threats in the short term
1:46
with with tariffs on both sides going
1:49
up, and then
1:51
the business community, as well as folks
1:53
in the states along the border and the
1:55
provinces on the other side of the
1:56
border, We'll put pressure on the
1:58
government to and and
2:00
on both sides to say let's come to some
2:02
agreement because this is ridiculous for
2:03
both of our economies.
2:05
>> US and Canada are long ally and close
2:07
partner with deep tie and many common
2:10
interest.
2:11
But if the tariffs continue for too
2:12
long, they could end up hurting both
2:14
sides.
2:15
In a North America economy as a deeply
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interconnected as it is today, one side
2:21
victory could come at cost for both
2:23
sides.
2:24
That's it for Vietnam today.
