Canada, Donald Trump and Tariff
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By Jarrett Renshaw, Bhargav Acharya and Cassandra Garrison WASHINGTON/MEXICO CITY (Reuters) -President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1,
President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1
Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.
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Amazon S3 on MSNCanada's BIG Blow To US: Carney RISES As Trump’s Tariffs ISOLATE U.S, Vows Stronger Trade TiesAmid escalating trade hostilities from Trump’s high‑tariff agenda, Canada is forging a bold new path. Industry Minister Mélanie Joly announced Ottawa’s plan to defend jobs and supply chains by intensifying economic diplomacy and forging trade ties beyond the U.
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.
Gold prices rose for a third straight session on Friday, as U.S. President Donald Trump's announcement of new tariffs on Canada and broader tariff threats against other trading partners lifted demand for the safe-haven asset.