Trump, Canada and Tariff
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Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.
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Money Talks News on MSNYour Grocery Bill Is About to Jump: Canada Tariffs Hit Food, Fuel Costs HardPresident Trump's new 35% tariffs on Canadian goods take effect August 1, targeting everything from oil to groceries. Working families could face $150-$200 monthly increases as gas and food costs spike nationwide.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.
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Daily Voice on MSNProduce Aisle Staple Faces Steep Price Hike Under Trump's Latest TariffThe move comes as the Commerce Department officially withdrew from a longtime trade agreement governing imported tomatoes on Monday, July 14.The tariff is slightly lower than the 21% duty floated by Trump officials in April,
From cattle to cotton to crude, Texas trade contributed a cool $850 billion to the U.S. economy in 2024, according to the Federal Reserve Bank of Dallas. What's more, Texas, the nation’s top exporter,
President Donald Trump said Monday that he would impose secondary tariffs on Russia of 100% if a peace deal with Ukraine isn’t reached in 50 days. “We are going to be doing very severe tariffs if you don’t have a deal in 50 days,
Since taking office, the Trump administration has imposed tariffs on the import of goods from various countries. The governor’s office claims that the tariffs have increased the prices of household goods, automobiles and housing, as companies are often forced to pass the costs on to consumers in order to remain profitable.