Trump, Canada and Tariff
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America’s growing discord with Canada exemplifies the extraordinary damage President Trump is wreaking on the United States’ standing in the world.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff announcements, investors have learned to largely tune them out as negotiating bluster rather than policy commitments.
The country’s new prime minister, Mark Carney, has been called the “Trump whisperer,” and negotiations have been cordial and professional. But it’s been a wild ride.
Latest news and live updates as Marco Rubio meets with Russian foreign minister amid tensions over Ukraine and Trump releases tariff letters to trading partners.