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President Trump plans to hike tariffs on Canadian goods to 35%
WASHINGTON — President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.
Trump Imposes 35% Tariff on Canada Imports: Here’s What Else He Announced This Week
US President Donald Trump has announced that all imports from Canada will have a 35% tariff as of August 1. He sent a letter to the country’s president, Mark Carney, informing him of the new rate, which has also been posted on his Truth Social account.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the ...
The Canadian Press on MSN55m
Canada to target steel originating from China with new tariffsCanada is moving to shore up its domestic steel industry amid U.S. President Donald Trump's ongoing global trade war, with new tariffs targeting China and other countries around the world. During a ...
Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington ...
Stocktwits on MSN2d
Trump Tariffs Likely Unavoidable For Canada, Says Prime Minister Mark CarneyCanadian Prime Minister Mark Carney reportedly said on Tuesday that it may not be possible for Canada to avoid U.S. tariffs. ...
U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United ...
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and ...
Gov. Polis issues executive order to track financial impact of Trump tariffs to have data on how they will affect the state's ...
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