Trump Raises Tariffs on Canada
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Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
President Donald Trump and Chinese Premier Xi Jinping are expected to reach a deal to avert 100% tariffs on China, Treasury Secretary Scott Bessent said following talks with China’s top trade negotiat
Trump announced the increased tariffs on Oct. 25, referencing an anti-tariff ad aired by Ontario's government featuring a video of Ronald Reagan.
Canadian Prime Minister Mark Carney offered a terse response to President Donald Trump’s promise to further hike tariffs on Canadian goods, saying just that his government is prepared to resume trade talks with the US at any time.
The United States and Vietnam will finalise a trade agreement in the coming weeks that will maintain 20% tariffs on most Vietnamese goods but lift duties on certain products that will be decided at a later stage,
Trump’s trade policies have centered around ‘reciprocal’ tariffs on an array of other countries. The president pushed forward a 35 percent tariff on many imports from Canada, although goods under the United States-Mexico-Canada Agreement have largely been excluded.
President Donald Trump announced he's adding an extra 10% tariff on Canadian imports over a negative TV advertisement featuring a speech by President Ronald Reagan.
The president has frequently spoken about the potentially drastic consequences if the Supreme Court strikes down his sweeping tariffs, a view contested by his opponents.
Jim Farley discusses the difficulties of tariffs in imported parts, which have cost Ford $2 billion – and may give an advantage to their competitors. He also explains why he drives a Chinese-made electric vehicle.
In 1987, President Ronald Reagan sharply criticized tariffs and trade barriers. Ontario’s government used Reagan’s words in an advertisement promoting free trade between the US and Canada in response to President Trump’s tariffs.