Trump, Canada and Tariff
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1hon MSN
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his
Canada became the latest country to be slapped with increased tariffs by the Trump administration on Thursday. Starting August 1,
President Donald Trump ratcheted up tariffs on Canada late Thursday, stoking tensions with a top U.S. trade partner as the two sides try to hash out a trade agreement by the end of the month. The Dow Jones Industrial Average tumbled 250 points,
The president posted letters to his EU and Mexican counterparts on his Truth Social account on Saturday morning.
President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.
The pause on the biggest of Trump's tariffs won't end this week, but the president continues to pledge steep new duties against major countries.
President Trump on Thursday threatened to impose 35% tariffs on goods from Canada starting next month, hiking import duties on one of the U.S.'s largest trading partners.
Canada has made concessions to win goodwill with the White House. Trump, in return, has threatened steeper tariffs.
President Donald Trump said the U.S. will impose a 35% tariff on all Canadian goods from Aug. 1 and threatened a blanket 15 to 20% levy on most other nations.
The president revived his discredited claims about fentanyl entering the U.S. from Canada to justify his latest proposed rate of 35 percent.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.