Trump, Canada and Tariff
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The prime minister pledges to diversify its trading partners away from the US and prioritise the use of Canadian steel.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
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Canada Slashes Steel Imports to Counter Trump's Tariffs and Protect Local IndustryPrime Minister Mark Carney has announced new limits on steel imports, as Canada moves to shield its domestic industry from steep US tariffs imposed by President Donald Trump
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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,
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.
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.