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Stock impact report

The New York Post: Canada begins imposing tariffs on $12.6 billion of U.S. goods [MarketWatch]

McCormick & Company, Incorporated (MKC) 
Last mccormick & company, incorporated earnings: 3/31 06:30 am Check Earnings Report
Company Research Source: MarketWatch
Canada begins imposing tariffs on $12.6 billion of U.S. goods Canada on Sunday began imposing tariffs on $12.6 billion worth of American goods like ketchup, pizza and iron in a tit-for-tat retaliation for President Donald Trump’s slapping fines on steel and aluminum imported into the United States, according to reports. Trump placed the 25% tax on steel and 10 percent on aluminum on June 1 against American allies Canada, Mexico and the European Union. In retaliation, Canada slapped 25% tariffs on steel and iron, while hitting 250 other U.S. goods including maple syrup, dishwasher detergent, coffee beans and strawberry jam with a 10 percent penalty, the Associated Press reported. The Trump administration said Canada was a national security threat because of the imports even though the country is the U.S.’s second-biggest trading partner behind China. Speaking on Canada Day, marking the country’s 151st birthday, Prime Minister Justin Trudeau mixed tariff talk with birthday wishes . “Thi Show less Read more
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