U.S. plans new tariffs on food-can metal from China, Germany and Canada - WSJ
- Economy
- Reuters
- Published Date: 01:42 | 17 August 2023
- Modified Date: 01:43 | 17 August 2023
The U.S. is planning to announce new tariffs on can-making metal imported from China, Germany and Canada, a move that food companies say could lead to higher prices for some canned foods, the Wall Street Journal reported on Thursday.
Chinese products would be subject to the highest tariffs - a levy of 122.52% of their import value, while tariffs of 7.02% will be levied for German companies including Thyssenkrupp Rasselstein and 5.29% for Canadian companies such as ArcelorMittal Dofasco, the report said.