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Canada imposes tariffs on U.S. imports | Vietnam Today - Video học tiếng Anh

Canada imposes tariffs on U.S. imports | Vietnam Today

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0:00Now, to recap, on Tuesday night, the

0:01Canadian government announced tariffs on

0:03goods exported from the United States to

0:05Canada with rates of up to 50%. The move

0:09is widely seen as Canada's retaliation

0:11against the United States 50% tariff on

0:13Canadian goods exported to the US

0:15following the collapse of tariff

0:17negotiations between the two countries

0:18in Washington, D.C. late last week. And

0:21here is a report from Vietnam

0:23Television's correspondent in the United

0:25States.

0:29>> Around 700 US-made products, ranging

0:32from honey, cheese, and fish to

0:34smartphones and steel, are now subject

0:36to Canadian import tariffs. Canada says

0:39these are among the products most

0:41affected by US tariffs in retaliation

0:44for Washington's 50% tariff on roughly

0:46$20 billion worth of Canadian imports

0:49after trade talks broke down last

0:51Friday.

0:53>> Today, I'm announcing that Canada will

0:55match the United States tariffs dollar

0:57for dollar, rate for rate.

1:01Effective September 8, Canada will

1:03impose counter tariffs of up to 15, 25,

1:07or 50% on 27.6 billion in imports from

1:12the United States of America.

1:15For each product, our tariff would match

1:17the American tariff on the same type of

1:21Canadian good.

1:22>> Tensions could continue to escalate as

1:25US President Donald Trump has announced

1:27plans to raise tariffs on Canadian cars,

1:30trucks, auto parts, and steel to 50%

1:33effective January 1st, 2027. Businesses

1:37and residents on both sides of the

1:39border are calling for tensions to ease

1:41and for trade between the two countries

1:43to return to normal.

1:44>> See a lot of threats in the short term

1:46with with tariffs on both sides going

1:49up, and then

1:51the business community, as well as folks

1:53in the states along the border and the

1:55provinces on the other side of the

1:56border, We'll put pressure on the

1:58government to and and

2:00on both sides to say let's come to some

2:02agreement because this is ridiculous for

2:03both of our economies.

2:05>> US and Canada are long ally and close

2:07partner with deep tie and many common

2:10interest.

2:11But if the tariffs continue for too

2:12long, they could end up hurting both

2:14sides.

2:15In a North America economy as a deeply

2:18interconnected as it is today, one side

2:21victory could come at cost for both

2:23sides.

2:24That's it for Vietnam today.