Trump Slaps 35% Tariff On Canada
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President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.
Although markets are trying to shrug off the week's U.S. tariff threats as yet another negotiation tactic, there's growing unease at the daily barrage, the latest being a 35% tariff on Canadian goods and higher levies on other countries.
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Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”
Just hours after hitting all-time highs, Wall Street was poised to open with losses on Friday, a possible sign that President Donald Trump’s wave of tariff letters is again raising concern among
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India has rejected Australia's push for deeper tariff cuts on dairy and alcohol, hampering efforts to conclude the second phase of a trade pact by year-end, two Indian government sources said.
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US banks are poised to show gains from a tumultuous period that followed President Donald Trump’s tariff announcements, with executives expected to go further and suggest how such hauls might grow even more thanks to deregulation.
The U.S. has sanctioned Myanmar's military junta and refused to acknowledge its rule, so Mr. Trump's personal letter to its leader was welcomed, despite the subject.
Trump targets Brazil with a 50% tariff, but this time it's not about business CNN's Isa Soares explains how a court case against former Brazilian president Jair Bolsonaro, which President Trump calls a "witch hunt", is behind the threat of punishing high tariffs against South America's biggest economy.