Trump threatens 35 percent tariffs on Canada
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1don MSN
President Donald Trump has threatened a 35 percent tariff on Canadian goods and says he may soon double what other nations are charged. Trump is playing hardball with countries yet to make fresh trade deals with his administration following his so-called ‘Liberation Day’ in April.
US President Donald Trump announced plans to impose a 35% tariff on all imports from Canada, effective August 1, in response to Ottawa's recent tariffs on
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.
The president’s tariff announcements suggest he has not backed away from his initial strategy, where even smaller trading partners will face tariffs.
Trumps new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,
US President Donald Trump on Thursday announced a 35 percent tariff on imports from Canada starting August 1, the latest move after the US administration sent two waves of letters to its trading partners this week.
Brazil's President Lula Da Silva has vowed retaliatory measures against the US following Donald Trump's imposition of a 50% tariff on Brazilian goods.
As lawsuits over the legality of Trump’s tariffs move through the courts, thousands of companies are waiting to find out whether the levies they’ve been paying will be refunded.
WASHINGTON, D.C. — The Liberty Justice Center has filed a response brief with the U.S. Court of Appeals for the Federal Circuit, continuing its legal challenge against the Trump Administration's "Liberation Day" tariffs. The Center argues that the tariffs, imposed under the International Emergency Economic Powers Act (IEEPA), are unconstitutional.
Unlike many other countries, US enjoyed a trade surplus with Brazil last year, selling more goods in the country than it purchased from it