US President Donald Trump on Tuesday imposed 50 percent tariffs on most Canadian goods, and concerns have been raised about the economic implications.

The new tariffs would exclude energy products, potash, fish and critical minerals, but would cover goods that had previously been protected from import taxes by the United States-Mexico-Canada Agreement.

US correspondent Dan Mitchinson says Canadian officials haven't said much, but there's speculation Canada could raise tariffs on their own goods. 

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US President Donald Trump on Tuesday imposed 50 percent tariffs on most Canadian goods, and concerns have been raised about the economic implications.
The new tariffs would exclude energy products, potash, fish and critical minerals, but would cover goods that had previously been protected from import taxes by the United States-Mexico-Canada Agreement.
US correspondent Dan Mitchinson says Canadian officials haven't said much, but there's speculation Canada could raise tariffs on their own goods.&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Dan Mitchinson: US correspondent on US President Donald Trump imposing 50 percent tariffs on Canada

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