Business & Finance
Trump, seeking to help Maine Sen. Susan Collins, exempts some Canadian imports from his 50% tariffs
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Trump, seeking to help Maine Sen. Susan Collins, exempts some Canadian imports from his 50% tariffs President Donald Trump is exempting some imports — including plywood sheets, packing crates and some machinery — from the 50% tariffs he slapped on $20 billion worth of Canadian products over the summer - Bookmark Become an Independent member to bookmark this article Already a member? Log in President Donald Trump, seeking to help Republican Sen. Susan Collins in a tough reelection battle in...
Trump, seeking to help Maine Sen. Susan Collins, exempts some Canadian imports from his 50% tariffs
President Donald Trump is exempting some imports — including plywood sheets, packing crates and some machinery — from the 50% tariffs he slapped on $20 billion worth of Canadian products over the summer
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President Donald Trump, seeking to help Republican Sen. Susan Collins in a tough reelection battle in Maine, is exempting some imports — including plywood sheets, packing crates and some machinery — from the 50% tariffs he slapped on $20 billion worth of Canadian products over the summer. The changes will take effect Oct. 30.
The White House said the president was seeking to offset "the burden to U.S. commerce while better serving the public interest.''
Collins, locked in a tight race with Democratic challenger Troy Jackson, issued a statement saying she'd spoken with Trump's top trade negotiator, Jamieson Greer, and Commerce Secretary Howard Lutnick "about the toll tariffs are taking on Maine families, businesses, farmers, and growers.''
"Many of our farmers and growers rely on specialized equipment, packaging materials, and other products from Canada that are either unavailable from American suppliers or cannot be replaced without incurring significant expense,” Collins said. “I have asked for tariff relief for these important products and stressed the burdens additional costs impose on Maine businesses and families. I will continue working directly with administration officials to seek additional relief from tariffs and encourage a broader trade agreement with Canada, our neighbor, ally, and largest trading partner.”