Canada, Donald Trump and Tariffs
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A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.
Since the April 2 rollout, the US Treasury has collected $64 billion in customs duties, or roughly $70 million a day through June 30.
Canada is one of the United States' top trading partners, with more than $410 billion of goods crossing into the country last year.
The move injects fresh turmoil into a strained bilateral relationship as Prime Minister Mark Carney negotiates a new economic partnership with the United States.
Trump, 79, notified Canadian Prime Minister Mark Carney of the incoming tariffs in a letter – one of dozens the president has fired off to foreign leaders this week ahead of an Aug. 1 deadline for
Canada announced a 25% tariff on $20.7 billion USD worth of U.S. goods that officials said would stay in place despite Trump’s decision Thursday to delay the taxes for a month, though Canada ...
Canada's retail sales shrank by 1.1% in May as consumers curtailed car purchases and spent less at supermarkets, convenience stores and on alcohol, data showed on Thursday.
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Republican senators join Dems on bill to exempt small businesses from Trump's Canada tariffs
Trump recently said he will impose a 35% tariff on Canada, the latest salvo in his on-again, off-again trade war with the U.S. ally and top trade partner.
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