Trump, Canada and Tariff
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The deadline for the duties to go into effect are still three weeks, which may mean the announcements could be a negotiating move.
The president posted letters to his EU and Mexican counterparts on his Truth Social account on Saturday morning.
Trump this spring imposed a 25% tariff on cars and car parts, including those from Canada. But certain cars and parts qualify for preferential treatment under the USMCA, meaning the 25% tariff applies only to the non-U.S. content of the automobile or part.
58mon MSN
President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that
President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
8hon MSN
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.