Today, Canada announced retaliatory tariffs on 700 products exported from the U.S., aiming to match “dollar for dollar” the duties imposed on Canada. They will take effect on 8 September (see the complete list here).
50 percent tariffs: steel, aluminum, furniture, clothing, video game consoles and smartphones 25 percent tariffs: cheese, household appliances and selected seafood products 15 percent tariffs: farm machinery, electronics and tools
Canada said it was focusing its retaliation on products “most affected by U.S. tariffs.” The rates are set at a level that the government said would match U.S. tariffs on goods targeted in Washington’s latest round, as well as products covered by previously imposed sect...
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Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
