Trump, Canada and Tariff
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President Trump threatened Canada with 35% tariffs while saying he's considering raising blanket tariffs on most trade partners.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
President Donald Trump announced a new set of duties on goods that were not covered by an existing sectoral tariffs in place against Canada.
US stocks’ record highs obscure the risks Donald Trump poses to the world’s biggest economy, according to big investors and senior bankers who have warned over growing “complacency” in the markets. Senior executives from Amundi to JPMorgan Chase said buoyant markets were pricing in too much confidence that the US president will back down from policies most likely to threaten the country’s financial stability.