The 35% level would be one of a range of tariffs on the U.S. ally, some of which are already in place, while others have been threatened and then walked back.

(Reuters) -Goods imported from the European Union will face a 30% U.S. tariff rate starting Aug. 1, U.S. President Donald Trump said in a letter posted to his social media platform on Saturday. (Reporting by Bhargav Acharya;

OTTAWA — Canada is delaying its plans to slap retaliatory tariffs on U.S. steel and aluminum after President Donald Trump sent a letter extending the deadline for trade negotiations between the two North American neighbors — though he also threatened to impose higher tariffs.