Trump’s Ongoing Trade War
In a surprising move, Donald Trump has threatened Canada with a staggering 35% tariff rate set to take effect on August 1. This announcement marks yet another chapter in his ongoing trade war, with Trump having issued over 20 similar letters targeting various nations. The implications of such a tariff could be far-reaching for both economies.
The potential impact on Canadian exports is significant, as this tariff could disrupt trade relations and lead to retaliatory measures. Businesses and consumers alike should stay informed about these developments. Understanding the reasons behind this tariff and its potential consequences will be crucial for navigating the changing landscape of international trade.
