HIGH TARIFF.
CANADA'S NEW SCALE. i Blow to British and U.S. Iron and Steel. EMPIRE TEA IN DEMAND. (United P.A.—Electric Telegraph—Copyright) (Received 1 p.m.) OTTAWA, May 2. It is estimated that the Budget will affect approximately 300,000,000 dollars in value of United States imports. The chief item altered is iron and steel, which will probably affect 250,000,000 dollars in United States imports. The changes in British preference are estimated to affect 200,000,000 dollars in value of imports from Britain. The main item is iron and steel. ■ Winnipeg reports that owing to the removal of the tax on British-grown tea the prices of Empire tea were cut seven cents a pound on Friday in the city's two largest department stores. The sales departments noted an immediate drop in cocee orders and an increase in the demand for tea. The opinion is expressed in creamery circles that New Zealand's exporters are liable to dump large quantities of butter into Canada before the tariff change operates on October 12.
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Bibliographic details
Auckland Star, Volume LXI, Issue 103, 3 May 1930, Page 9
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166HIGH TARIFF. Auckland Star, Volume LXI, Issue 103, 3 May 1930, Page 9
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