Trump Threatens Canada With Tariffs on Dairy and Lumber
US President Donald Trump. ©Anna Moneymaker / Getty Images North America / Getty Images via AFP

US President Donald Trump on Friday said tariffs could be imposed on Canadian dairy and lumber products within days in a growing trade war between the United States and its northern neighbor.

"Canada has been ripping us off for years on tariffs for lumber and for dairy products," he said.

"They'll be met with the exact same tariff unless they drop it, and that's what reciprocal means. And we may do it as early as today, or we'll wait till Monday or Tuesday."

Trump on Thursday delayed some tariffs targeting Canada and Mexico, sending mixed signals about his policy after stock markets tumbled when his duties of up to 25 percent took effect earlier in the week.

Economists warn that blanket levies could weigh on US growth and raise inflation, but Trump kept the pressure up on Canada on Friday.

"It's not fair. Never has been fair, and they've treated our farmers badly," he told reporters at the White House.

With AFP

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