Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
www.cnbc.com
President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, the latest letter to a trade partner that threatens high rates.

Donald Trump on Thursday announced a 35% tariff on Canadian imports, starting Aug. 1, citing that Ottawa had retaliated with tariffs against Washington.

“Instead of working with the United States, Canada retaliated with its own Tariffs,” Trump said in his letter to Mark Carney, prime minister of Canada, posted on Truth Social.

    • who@feddit.orgEnglish
      5·
      10 days ago

      I think in this case it’s yet another example of brazen market manipulation.

      • JeeBaiChow@lemmy.worldEnglish
        1·
        8 days ago

        Congress doesn’t seem to care. Amd the people aren’t letting congress know their displeasure, so, uh, it’s what the American people want?

    • JeeBaiChow@lemmy.worldEnglish
      2·
      8 days ago

      It’s like pushing a button that you think is hurting the guy on the other side of the table, only to look under the table and realize the wires aren’t connected to anything and they were just having you on.