Canada to announce final retaliatory tariff list against US goods

OTTAWA - Canadian Foreign Affairs Minister Chrystia Freeland will announce the government's final retaliatory tariff list, CTV reported Thursday.

Freeland is expected to reveal what US goods will be slapped with a 10-percent surtax from July 1. The tariffs are part of countermeasures of the overall C$16.6 billion($12 billion) on imports of steel, aluminum and other products from the Unites States in response to the US imposing a 25-percent steel tariff and 10-percent tariff on aluminum from Canada.

The Canadian federal government has been consulting on the proposed list of goods, which included specific types of gherkins, prepared meals, pizza, chocolate, condiments, toiletries, beer kegs, whiskies, various household items, and motorboats.

Freeland stated that the aim of the consultations was to mitigate any unintended consequences for Canadians and potentially expand or contract the final list accordingly.

It is expected Canada's International Trade Minister Francois-Philippe Champagne will make a similar announcement Friday, said CTV.

Earlier this week, Canadian Finance Minister Bill Morneau said more information regarding financial support for Canadian steel and aluminum businesses that are impacted by US tariffs is coming soon.