Trump, Canada and Tariff
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The deadline for the duties to go into effect are still three weeks, which may mean the announcements could be a negotiating move.
The president posted letters to his EU and Mexican counterparts on his Truth Social account on Saturday morning.
2hon MSN
Doubling down on his trade wars, President Trump is threatening to raise taxes on many goods from Canada and punish Brazil for prosecuting his friend.
President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
1don MSN
A surprise vote barring the Trump administration from moving the FBI’s headquarters to a new location in Washington, D.C., brought the Senate appropriations process to a halt — a setback for lawmakers working to avert a government shutdown at the end of September.
Japan’s Nissan Motor (NSANY) (NSANF) has suspended U.S. production of three vehicle models destined for Canada due to reciprocal auto import tariffs imposed by the U.S. and Canada.
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,