US reportedly to remove 50% tariffs on some Canadian goods to help Republicans in midterms
SPY•
SPY•The United States is expected to remove 50% tariffs on some Canadian agricultural and forestry products, reportedly to help Republicans in northern states ahead of the midterms. Senator Susan Collins said nine product categories, including blueberries, potatoes, apples and seaweed, will be exempted.
The United States is expected to remove 50% tariffs on some Canadian agricultural and forestry products, reportedly in a bid to help Senator Susan Collins and other Republicans from northern states in the midterm elections. The reductions could be balanced by raising levies on other Canadian goods, and a proclamation altering the tariffs could come as early as Friday.
Collins said nine categories, including blueberry, potato, apple and seaweed producers, will be exempted from U.S. tariffs on Canada. A White House official said tariff announcements would come directly from the administration and that preliminary reporting was speculation.