Chrystia Freeland, Minister of Foreign Affairs addresses the media during a news conference in Toronto on Thursday, March 8, 2018. NAFTA negotiating teams will keep bargaining through the weekend in an effort to get a deal by early May. THE CANADIAN PRESS/Chris Young

Ottawa details list of U.S. tariff targets, offers up to $2B in support

Ottawa also released details Friday of a financial aid package for industries and workers caught in the crossfire

The federal Liberal government is taking its cross-border trade dispute with the United States up a notch, unveiling an extensive final list of $16.6-billion worth of American imports that will be hit with retaliatory tariffs this weekend.

Ottawa also released details Friday of a financial aid package for industries and workers caught in the crossfire — and it includes up to $2 billion in fresh funding and loans for Canada’s steel, aluminum and manufacturing sectors.

“It is with regret that we take these countermeasures, but the U.S. tariffs leave Canada no choice but to defend our industries, our workers and our communities, and we will remain firm in doing so,” Foreign Affairs Minister Chrystia Freeland said in a statement.

She unveiled the details — including a finished list of U.S. products on Canada’s hit list, which takes effect Sunday — during a news conference at a steel factory in Hamilton.

“The real solution to this unfortunate and unprecedented dispute,” she said, ”is for the United States to rescind its tariffs on our steel and aluminum.”

Aside from reciprocal tariffs on steel and aluminum imports from the U.S., the items to be subject to 10 per cent duties come from a wide range of sectors — from ketchup, to lawn mowers, to playing cards.

Related: A look at the numbers behind Ottawa’s tariff reprisal against Trump

Related:Trump’s calling Trudeau ‘dishonest and weak’ sparks calls for calm

It’s all part of Ottawa’s plan to strike back at the U.S. in response to hefty steel and aluminum tariffs imposed by President Donald Trump several weeks ago.

The government’s decision to stand up to Trump by striking back with countermeasures has attracted wide support in Canada — but domestic businesses, particularly those in the steel sector, have expressed deep concerns about any escalation in the trade battle.

More broadly, the effects of the trade fight are expected to hurt both economies, which includes putting jobs at risk and potentially raising consumer prices on both sides of the border.

The federal support package is similar to the one offered by Ottawa last year in response U.S. duties on softwood lumber products from Canada.

For the latest dispute, the government intends to help affected workers by extending the duration of work-sharing agreements under the employment insurance program by an additional 38 weeks. The aim is to help businesses retain skilled workers and avoid layoffs during any rough patches ahead.

Ottawa is also promising to boost funding for the provinces and territories to increase job and training programs, and to provide liquidity support for impacted businesses.

Through its strategic innovation fund, Ottawa is also offering up to $250 million in support in an effort to reinforce the competitiveness of Canadian manufacturers and strengthen the integration of Canada’s steel and aluminum supply chain.

The government also plans to invest $50 million over five years to help firms take full advantage of recent trade agreements, including Canada’s deal with the European Union and its membership in the Trans-Pacific Partnership. The funding will feature new grants.

The federal government also reiterated Friday that it has taken steps and introduced safeguards to address concerns about diversion and dumping of products into the Canadian market.

Last week, U.S. Commerce Secretary Wilbur Ross expressed concerns about the world’s overproduction and overcapacity of steel, saying the U.S. tariffs against Canada and other allies are designed to force them into action.

Freeland has long insisted that Canada introduced stronger safeguards on steel well before the U.S. imposed the tariffs.

She said the measures were put in place not only to ensure Canada is a good trading partner, but primarily to protect Canada’s own national interest by keeping Chinese steel and aluminum from being dumped into the market.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Chilliwack Curling Club moves into new building

After 54 years next door, the Chilliwack Curling Club takes over a 30,000 square foot facility.

VIDEO: Tourism Chilliwack reveals beautiful new brand

Awe-inspiring video unveiled before hundreds of community partners Tuesday

Retirement after owning Main Street Barber Shop for 38 years

Phil and Trudi are looking forward to travelling and spending time with family

Faulty wiring blamed for Chilliwack barn fire Sunday morning

One civilian injured attempting to extinguish blaze on Ballam Road

GW Graham seniors bow out of football playoffs as juniors move on

The senior Grizzlies fell to the John Barsby Bulldogs in a AA playoff game last Saturday.

Police aim to prevent retaliation after Hells Angel found dead under B.C. bridge

IHIT confirms Chad Wilson, 43, was the victim of a ‘targeted’ homicide

B.C. lumber mills struggle with shortage of logs, price slump

Signs of recovery after U.S. market swings, industry executive says

25% of Canadians still won’t say they use pot, survey says

Statistics Canada poll says Canadians on average were 18.9 years old when they first tried pot.

Canucks’ 50/50 jackpot expected to surpass $1 million

The guaranteed prize for one lucky winner will be $500,000 minimum when Vancouver hosts LA Nov 27

The latest advent calendar trend: Holiday cannabis

A Canadian company is giving people from coast to coast a new way to celebrate the Christmas countdown.

B.C. woman allegedly threatens to rip out intestines of American man

A Kamloops-area woman is accused of harassing and threatening to disembowel an American man

B.C. model looks a lot like expanded taxi industry, ride-hailing group says

Ridesharing Now for BC says it had hoped the bill would be more customer-driven like in other cities

Otter makes a snack out of koi fish in Vancouver Chinese garden

Staff say the otter has eaten at least five fish

731,000 Canadians going into debt to buy prescription drugs: UBC

Millennials and those without private coverage were more likely to borrow money

Most Read