'They have to pay a fair rate': Trump hikes tariff on...

added a post in International

2025-08-01 03:52:31 -

'They have to pay a fair rate': Trump hikes tariff on Canada from 25% to 35%; here’s why

President Trump has escalated trade tensions by imposing a 35% tariff on Canadian imports, citing concerns over fentanyl and Palestine's statehood recognition. This action, effective August 7, excludes goods under the US-Mexico-Canada agreement and includes a transshipment levy.

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