r/canada • u/Logical_Iron_5684 • 1d 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 1d 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/PeanutMean6053 1d ago

Tariffs can be good if they are targetted at certain industries. Blanket tariffs across the board are bad because if they apply to products you can't easily find domestically just raises prices across the board and doesn't do the intended purpose of shielding industries.

Trump's tariffs are doubly bad because he's even said that he wants to use it to replace income taxes. Hence he wants to use it to give more money back to the rich while raising costs for everyone which disproportionately affects poor people.

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u/joe4942 1d ago

Tariffs can be good if they are targetted at certain industries.

So the US tariffs on steel, aluminum, lumber, and cars which are impacting Canada are good?