Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration’s steel and aluminum duties that took effect overnight. The new tariffs cover steel and aluminum, as well as other U.S. goods including computers, sports equipment and cast iron products, Canadian Finance Minister Dominic LeBlanc said. The new Canadian duties are on top of the 25% counter-tariffs that Ottawa already slapped on $30 billion worth of U.S. goods. Phemelo speaks to Global Fellow of the Wilson Center, Dr Terence McNamee.