Trump announces 35% tariff on Canada
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Behind the scenes, work has been advancing between the Sheinbaum and Trump administrations. Read more at straitstimes.com. Read more at straitstimes.com.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
On Thursday, the president announced a 35 percent tariff on all Canadian goods not covered by the United States-Mexico-Canada Agreement (USMCA) to take effect on August 1, unless a trade deal is reached before then.
Trump’s move deepens a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.
Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”
President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.