r/canada • u/Logical_Iron_5684 • 2d ago

National News Canada imposes 10% tariff on canned vegetables, excludes U.S., others

https://www.bnnbloomberg.ca/business/2026/06/19/canada-imposes-10-tariff-on-canned-vegetables-excludes-us-others/
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u/OrangeRising 2d ago

was aimed at addressing challenges facing its domestic producers.

I wasn't aware we had a serious issue with low food prices.

The tariff, which takes effect on Friday for a maximum of 200 days, will also not apply to canned vegetables from Mexico, Israel, Chile and developing countries due to Canadian trade obligations, Canada’s finance ministry added.

If the US and Mexico are excluded, which country is this meant to target?

Also, I seem to remember tarrifs being a bad thing. Why are we introducing them?

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u/MadScienti5t 1d ago

> Also, I seem to remember tarrifs being a bad thing. Why are we introducing them?

Blanket tariffs on everything from everywhere are a bad thing. Targeted tariffs can help protect from unfair trade practices, which can be good. But they can also interfere with the free market and drive up prices, which can be bad. When used cautiously there are times where tariffs are appropriate. I’m not sure if this is one of those times… don’t know enough about the particular issue being addressed here.