Klarnachrichten

USA and Canada make high tax rules

141

The USA and Canada have no trade deal. The talks are over now. Donald Trump makes new taxes. These taxes are Straf-Zölle. They cost 50 percent for many goods from Canada. This means wine and furniture. Also milk and hockey sticks cost more.

The new rules start on Saturday night. Canada fights the new taxes. Mark Carney leads the government in Canada. He says: The USA was unfair. The USA wanted new rules at the end. So he calls his helpers back home. Now Canada also makes new taxes for US goods.

Canada wants to keep workers and firms safe. The Straf-Zölle apply to goods worth 20 billion dollar. The relation between the countries is very bad. Trump makes threats to Canada before. Experts say: The fight hurts the economy in Canada. Many small firms must pay more money now.

This text was generated automatically and has not been reviewed for accuracy. No guarantee is given for the correctness of the content. Learn more Learn more about article generation

Definitions

Straf-Zoll
A Straf-Zoll is an extra tax on goods from another land. People use it in a fight.

People

Donald Trump
Donald Trump is the president of the USA.
Mark Carney
Mark Carney is the leader in Canada.

Locations

Kanada
Kanada is a big country in North America.
Vereinigte Staaten von Amerika
The USA is a big country.

Sources

Logo SRF
SRF

Keine Einigung im Handelsstreit zwischen den USA und Kanada

Read now
Logo ORF
ORF

Keine Einigung: Zollstreit zwischen USA und Kanada eskaliert

Read now
Logo Standard
Standard

"Unfair, unwirtschaftlich, unverlässlich": Kanadas Premier bricht Zollverhandlungen mit USA ab

Read now
ANSA

Niente accordo Usa-Canada, scattano dazi reciproci del 50% - Notizie - Ansa.it

Read now
Logo Kurier
Kurier

Verhandlungen gescheitert: USA verhängen Strafzölle gegen Kanada

Read now
Logo Spiegel
Spiegel

USA und Kanada verhängen neue Zölle gegeneinander

Read now

Latest articles

Economy

International Trade

No deal in the tax dispute between USA and Canada

Read now

The USA and Canada did not agree on a trade deal. Now new USA taxes start. Canada wants to answer with own taxes.

Economy

Companies & Markets

Low Water in Panama Canal

Read now

Due to great dryness fewer ships drive through the Panama Canal soon. The weather event El Nino causes too little rain in the region.

Economy

Labor Market

Little joy in the training

Read now

Many young people in Germany are not happy with their training. A new report shows high work stress. Many have too little money and no flat.

Sport

Football

Bad fights at a football game in Mannheim

Read now

Fans fight at a football game in Mannheim. Many police officers are hurt. Kaiserslautern wins the game.