Trump, Canada and Tariff
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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.
The prime minister pledges to diversify its trading partners away from the US and prioritise the use of Canadian steel.
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India Today on MSNTrump reaps $50 billion windfall from tariffs as trade partners hold fire: ReportDonald Trump's sweeping tariffs generated nearly $50 billion in extra revenue as most US trading partners, except China and Canada, refrained from significant retaliation.
For the first time since the dawn of his second term, Donald Trump will visit the British royal family alongside his wife, Melania, from September 17 to the 19. The trip will coincide with a recess in the House of Commons,
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Newsable Asianet News on MSNTrump Tariffs Likely Unavoidable For Canada, Says Prime Minister Mark CarneyCarney’s comments come after U.S. President Donald Trump threatened Canada, in a letter posted on Truth Social, to reach a trade agreement before August 1 or face higher tariffs of 35%.
President Donald Trump said he would send letters to more than 150 countries notifying them of tariff rates as he pushes ahead with a trade agenda that has sent US partners racing to avoid higher import taxes.
Prime Minister Mark Carney promised to further crack down on the amount of cheap, foreign steel entering the Canadian market, as the industry continues to be clobbered by U.S. President Donald Trump's tariffs.