Canada, Trump and sectoral tariffs
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President Donald Trump said the U.S. will increase its tariff rate on Canadian goods to 35% starting next month. An outline of a trade deal with the European Union is close to being finished, a spokesman for the bloc said Friday,
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.
Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Although markets are trying to shrug off the week's U.S. tariff threats as yet another negotiation tactic,
US President Donald Trump announced a 35 per cent tariff on Canadian imports, effective August 1. The decision was conveyed in a letter to Canadian Pr.
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