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.
The prime minister pledges to diversify its trading partners away from the US and prioritise the use of Canadian steel.
India may soon reach a long-awaited trade agreement with the United States, President Donald Trump said in an interview aired Wednesday. The two countries are currently holding their fifth round of talks as negotiators from New Delhi recently returned to Washington.
President Donald Trump said he would send letters to more than 150 countries notifying them their tariff rates could be 10% or 15% as he forges ahead with his trade agenda.
Prime Minister announces package that includes caps on imported steel, prioritizing use of Canadian steel in government procurement, and $70 million to help steel workers get retrained.
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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.
After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.