Trump Raises Tariffs on Canada
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Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
The announcement marked a significant de-escalation of a volatile trade war ahead of Trump’s Thursday meeting with Xi.
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Treasury Secretary Awkwardly Dodges Questions On Trump Jacking Up Canada Tariffs Because Reagan Ad Made Him Angry
Scott Bessent was confronted, Sunday, about the idea that President Donald Trump increased tariffs on Canada because of a TV ad he didn't like.
ABOARD AIR FORCE ONE (AP) — President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10% because of an anti-tariff television ad aired by the province of Ontario.
Trump announced the increased tariffs on Oct. 25, referencing an anti-tariff ad aired by Ontario's government featuring a video of Ronald Reagan.
President Donald Trump canceled trade talks with Canada on Thursday, citing a recent ad released by the government of Canada’s Ontario province that quoted former President Ronald Reagan’s 1987 radio address to the nation on fair trade.
Treasury Secretary Scott Bessent said 100% tariffs on China are "effectively off the table" after a "very good two-day meeting" between the U.S. and China.