Donald Trump, Canada and Tariff
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The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry.
The Canadian Press on MSN51m
Canada to target steel originating from China with new tariffsCanada is moving to shore up its domestic steel industry amid U.S. President Donald Trump's ongoing global trade war, with new tariffs targeting China and other countries around the world. During a visit to a steel manufacturing company in Hamilton on Wednesday,
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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Stocktwits on MSNTrump Tariffs Likely Unavoidable For Canada, Says Prime Minister Mark CarneyCanadian Prime Minister Mark Carney reportedly said on Tuesday that it may not be possible for Canada to avoid U.S. tariffs. “There is not a lot of evidence right, with regards to negotiations, of any country or jurisdiction,
U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United States,
President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders.
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.