Kraft-Heinz is sliding after Canada hits back at the US in their ongoing trade fight (KHC)
AP
- Kraft-Heinz is losing ground Monday.
- Canada placed retaliatory tariffs on not just metal products, but also products like Ketchup.
- See Kraft-Heinz trade in real time here.
Kraft-Heinz is sliding, down 1.46% Monday, after Canada slapped tariffs on $ 12.6 billion of US goods, including ketchup.
The tariffs, which began on Sunday, are in retaliation to the the 25% tariffs on Canadian steel and 10% on Canadian aluminum. In response, Canada will put up trade barriers of 25% on US steel and iron. But Canada didn't stop there. Additional imported items like ketchup, pizza, and dishwasher detergent will be subject to 10% tariffs.See the rest of the story at Business Insider
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