Saskatchewan Premier Scott Moe has declared a reciprocal tariff on American alcohol products in response to the 50% tariff imposed on Canadian alcohol exports to the U.S. This announcement was made during a news conference in Prince Albert, where Moe stated that starting on September 8, Saskatchewan will apply a 50% markup on the price of American alcohol sold to retailers in the province.
The Saskatchewan Liquor and Gaming Authority will be responsible for collecting the alcohol levy, clarifying that it won’t be paid by SLGA. Moe emphasized that while the province will not remove U.S. alcohol from shelves, the decision to purchase these products will be left to consumers.
Moe expressed support for Ottawa’s counter-tariffs on $27.6 billion worth of U.S. goods, following failed trade negotiations with the U.S. He criticized the U.S. for breaching international trade agreements and highlighted Saskatchewan’s successful efforts in building trade relationships beyond North America.
The premier emphasized that Saskatchewan will not endorse export tariffs on natural resources like potash and oil, as they could have detrimental effects on the province’s economy and job market. He underscored the importance of maintaining free and fair trade relations with the U.S.
Furthermore, the province is evaluating the impact of the counter-tariffs on industries and consumer prices, particularly focusing on sectors like steel, aluminum, and agricultural equipment. Various industry representatives have expressed concerns over potential price hikes and job security due to the imposed tariffs.
In conclusion, Moe stressed the need for both Canada and the U.S. to return to the negotiating table to reach a mutually beneficial trade agreement. He emphasized the importance of fostering a positive trade relationship that benefits both Canadians and Americans.