Trump signs order increasing tariffs on Canadian goods from 25% to 35%
by Robert Mackey and agencies from US news | The Guardian on (#6Z1CX)
Decision comes amid escalating trade tensions between the two countries and before a deadline to negotiate a deal
Donald Trump signed an executive order on Thursday increasing tariffs on Canadian goods imported to the United States from 25% to 35%.
The new import tax rates goes into effect on Friday, according to a White House factsheet. The tariff would cover all products not covered by the US-Mexico-Canada trade agreement. Goods transshipped to another country to evade the new tariffs would be subject to a transshipment levy of 40%.
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