Trump tariffs: Canada rate raised as deal deadline looms
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Trump tariffs: Canada rate raised as deal deadline looms – DW – 08
US President Donald Trump signed an executive order raising tariffs on Canadian goods to 35% from 25% on all products not covered by the US-Mexico-Canada (USMCA) trade agreement. The increased tariff was the result of Canada’s “continued inaction and retaliation,” Washington said.
08/01/2025 August 1, 2025 US announces raising Canada trade tariffs from 25% to 35%
US President Donald Trump signed an executive order raising tariffs on Canadian goods to 35% from 25% on all products not covered by the US-Mexico-Canada (USMCA) trade agreement, the White House said.
It added that goods transshipped to another country to evade the new tariffs will be subject to a transshipment levy of 40%.
The increased tariff was the result of Canada’s “continued inaction and retaliation,” Washington said.
“We haven’t spoken to Canada today. He’s (Carney) called and we’ll, we’ll see,” Trump told reporters during an event at the White House before the 35% rate was announced.
US, Mexico agree on 90-day reprieve ahead of tariff deadline To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video
These tariffs on Canadian goods will be imposed on Friday.
Trump tariffs: Canada rate raised as deal deadline looms – DW – 08
US President Donald Trump signed an executive order raising tariffs on Canadian goods to 35% from 25% on all products not covered by the US-Mexico-Canada (USMCA) trade agreement. The increased tariff was the result of Canada’s “continued inaction and retaliation,” Washington said.
08/01/2025 August 1, 2025 US announces raising Canada trade tariffs from 25% to 35%
US President Donald Trump signed an executive order raising tariffs on Canadian goods to 35% from 25% on all products not covered by the US-Mexico-Canada (USMCA) trade agreement, the White House said.
It added that goods transshipped to another country to evade the new tariffs will be subject to a transshipment levy of 40%.
The increased tariff was the result of Canada’s “continued inaction and retaliation,” Washington said.
“We haven’t spoken to Canada today. He’s (Carney) called and we’ll, we’ll see,” Trump told reporters during an event at the White House before the 35% rate was announced.
US, Mexico agree on 90-day reprieve ahead of tariff deadline To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video
These tariffs on Canadian goods will be imposed on Friday.
Source: https://www.dw.com/en/trump-tariffs-canada-rate-raised-as-deal-deadline-looms/live-73491121