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Trudeau's retaliatory tariffs may threaten recreational boating in Canada

Canada's recreational boating industry says it's bracing for big losses if proposed countermeasures against American tariffs go ahead on July 1.

On Wednesday, the National Marine Manufacturers Association Canada, which represents the recreational boating industry, wrote a two-page letter to Prime Minister Justin Trudeau. It asked that the federal government remove four tariffs that target recreational boats from its proposed scope of retaliatory tariffs against the United States.

These tariffs "will cause irreparable and disastrous damage to the industry, from which it would likely never recover," wrote association president Sara Anghel...

This was excerpted from the 16 June 2018 edition of CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel
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