Lebanon today »Canada launches a program to exempt local companies from customs duties

Canadian officials announced on Sunday that they will provide a mechanism for Canadian companies to obtain an exemption from reprisal customs duties scheduled to enter into force against the United States in the coming days.

Under the so -called “exemption process”, Canadian companies can apply for a customs duties exemption or money recovery, provided that they meet certain conditions.

Companies will be eligible for exemption if it is not possible to obtain goods locally or reasonably from non -American sources. The government will also consider exemption on the basis of each case separately in “other exceptional circumstances that can have severe negative effects on the Canadian economy.”

“We want to maintain this relationship, but in the face of unjustified American customs duties against Canadian goods, we are taking measures to protect our economy, workers and companies,” Canadian Finance Minister Dominic Le Blanc said in a statement. We will always stand with Canada. ”

The Canadian government announced reprisals yesterday, Saturday, in response to a set of new customs duties announced by President Donald Trump against Canada, Mexico and China.