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US imposes 35 percent tariffs on Canadian imports starting August 1
US President Donald Trump has declared 35 percent tariffs on Canadian imports, effective August 1, through an official letter sent to Canadian Prime Minister Mark Carney. The move aims to address both the ongoing fentanyl crisis and the high US-Canada trade deficit, which Trump argues are harming American interests. The 35 percent tariffs will be [...]
US to impose 50 percent tariff on all imports from Brazil
US President Donald Trump has notified Brazilian President Luiz Inacio Lula da Silva, starting August 1, all imports from Brazil will face an additional 50 percent tariff at US customs.