Trump, Canada and Tariff
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Trump announces a 35% tax on America’s No. 2 trading partner.
A day after President Trump announced a new 35 percent tariff on Canadian goods beginning next month, Prime Minister Mark Carney said Canada had made “vital progress” towards stopping fentanyl.
President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its most important trading partners.
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Cryptopolitan on MSNTrump announced a 35% tariff on Canadian goodsAmerican President, Donald Trump, said on Thursday that the US would introduce a 35% tariff on goods being imported into the US from Canada starting from August 1. The move represents a major escalation of trade conflicts between two of North America’s largest and most closely linked economies.
Brazilian assets face pressure from new US tariffs, but holding broad index trackers may reduce risk amid volatility. See why major Brazilian ETFs are a hold.
President Donald Trump said on social media that he would impose a 30% tariff on the European Union and Mexico on August 1. NBC News' Yamiche Alcindor reports on how Trump would respond if either the E.