On Tuesday, Canada is set to slap countertariffs on roughly $28-billion of U.S. goods, ranging from carpets and cutlery to radiators and steel rods, barring a last-minute deal between the two countries.
The duties, which would cover hundreds of items, are scheduled to come into effect at 12:01 a.m.
Ottawa has said it designed the tariffs as a tit-for-tat response to President Donald Trump’s use of Section 338 of the Tariff Act of 1930 on roughly the same dollar figure worth of Canadian shipments to the U.S.
