Trump, Canada and Tariff
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The Kentucky governor said the tariffs will hurt residents of his state, which Trump won overwhelmingly in 2024.
President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1
President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
1don MSN
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his
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.
Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.
2don MSN
Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”