Canada, Trump and Tariff
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President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath.
President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.
President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January.
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Al Jazeera on MSNTrump says 30-percent tariffs against EU and Mexico to begin on August 1EU’s von der Leyen says the EU will safeguard its interests, ‘including the adoption of proportionate countermeasures.’
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S. President Donald Trump saying he'll raise taxes on many imported good
Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.
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Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”