Trump Announces 35% Tariff On Canada
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President Trump announced a 35% tariff on our northern neighbors of Canada, citing concerns over fentanyl entering the U.S. NBC News’ Monica Alba reports from the White House. CNBC’s Senior Analyst Ron Insana joins Alex Witt to discuss how much more the average American could be spending per year if these tariffs stay in place.
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 Trump warns Canadian Prime Minister Mark Carney of a new 35% tariff on Canadian imports if the country doesn't address fentanyl trafficking and existing trade disputes.
6don MSN
The latest data from U.S. Customs and Border Protection (CBP) shows an uptick in the amount of fentanyl seized near the American northern border with Canada — but the quantities intercepted remain a tiny fraction of what's coming from Mexico.