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Canada Imposes Temporary 10% Tariff on Canned Vegetables

Canada Imposes Temporary 10% Tariff on Canned Vegetables
Key Points

Trade Canada Imposes Temporary 10% Tariff on Canned Vegetables Canada applied a 10% import tax on imports of canned vegetables to protect domestic growers and food processors, the Department of Finance said in a statement Friday. The so-called “safeguard measure” applies immediately from June 19 for a maximum of 200 days, and follows a probe started earlier this year into “trade diversion.”

Trade Canada Imposes Temporary 10% Tariff on Canned Vegetables Canada applied a 10% import tax on imports of canned vegetables to protect domestic growers and food processors, the Department of Finance said in a statement Friday. The so-called “safeguard measure” applies immediately from June 19 for a maximum of 200 days, and follows a probe started earlier this year into “trade diversion.”
Canada (LOCATION) Canned Vegetables Trade Canada (ORG) Canned Vegetables Canada (ORG) the Department of Finance (ORG)
Originally published by Bloomberg Markets Read original →