By Paul Vieira 

OTTAWA -- Canada said on Friday it intends to slap its own tariffs on a range of U.S. products that contain aluminum -- ranging from washing machines to golf clubs to canned beverages -- in retaliation to President Trump's latest move to aggravate one of the world's largest trading relationships.

The decision by Canada marks a return to trade rhetoric between the two trading partners after successfully concluding and implementing the U.S.-Mexico-Canada agreement, which came into force last month.

On Thursday, Mr. Trump said the U.S. would reimpose tariffs on some aluminum produced in Canada, arguing imports from America's northern neighbor were surging into the U.S., and depressing the U.S. industry. The administration justified the tariffs, which will be set at 10%, using a national-security provision and argued that a depressed U.S. aluminum industry threatens U.S. national security.

Canada signaled hours after Mr. Trump's announcement that it planned to retaliate. The country's deputy prime minister, Chrystia Freeland, unveiled Friday a list of U.S.-made items it intends to target, which she estimated represented a total value of 3.6 billion Canadian dollars (US$2.71 billion) of goods.

"We don't want to escalate, but we won't back down," Ms. Freeland told reporters in a teleconference. Products targeted contain aluminum, and include items such as bars of the metal and consumer goods like washers, refrigerators and golf clubs.

The tariffs will be imposed in 30 days after Canadian officials consult with industry and regional governments. The U.S. tariffs are scheduled to take effect on Aug. 16, Ms. Freeland said.

Mr. Trump said during a speech at a Whirlpool factory in Clyde, Ohio, Thursday the tariffs were necessary because "Canada was taking advantage of us, as usual."

Ms. Freeland warned the tariffs threatened to cause the most harm to U.S. consumers.

Canada is the fourth-largest aluminum producer in the world. Most of the aluminum industry opposes the tariffs on allies like Canada, and says that China is behind problematic trade practices in the aluminum industry.

Write to Paul Vieira at paul.vieira@wsj.com

 

(END) Dow Jones Newswires

August 07, 2020 12:43 ET (16:43 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.