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After bracing for weeks for a trade war with the US, Canada has - for now - evaded tariffs that Donald Trump threatened to impose on the country as soon as he takes office.
Further, Trump has also mentioned an additional 10% tariff upon any additional tariffs on imports from China (he has already promised a 60% tariff on China, per Reuters).
FILE PHOTO: U.S. President Donald Trump delivers remarks on AI infrastructure, next to SoftBank CEO Masayoshi Son at the Roosevelt room at White House in Washington, U.S., January 21, 2025.
Trump, who takes office later in the day, has previously pledged tariffs of 10% on global imports, 60% on Chinese goods and a 25% import surcharge on Canadian and Mexican products, duties that may ...
Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the ...
Trump had vowed tariffs of 10% on China on day one and 25% on Mexico and Canada. But a report from the Wall Street Journal on Monday morning indicated Trump would outline his trade vision but not ...
"President Trump has been very clear what he wants to do with tariffs," said Joseph Lavorgna, a former chief economist at the National Economic Council during Trump 1.0, told Yahoo Finance on Monday.
President-elect Donald Trump announced Monday he plans to impose a 25% tariff on all products coming into the U.S. from Mexico and Canada as one of his first acts back in the White House.. On the ...