Canada, Donald Trump and Tariff
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Agence France-Presse on MSNCanada just can't win in trade war with TrumpTry as it might to appease President Donald Trump, Canada remains a prized target in his trade wars and subject to the whiplash of his changes of heart. But products complying with an existing accord,
Doubling down on his trade wars, President Trump is threatening to raise taxes on many goods from Canada and punish Brazil for prosecuting his friend.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
President Donald Trump announced a new set of duties on goods that were not covered by an existing sectoral tariffs in place against Canada.