MercoPress. South Atlantic News Agency

Trump announces 35% tariffs on Canadian products

US President Donald Trump has raised the tariff rate on Canadian imports from 25% to 35%, effective August 1. The White House justified the increase by stating that Canada has not done enough to “arrest, seize, detain or otherwise intercept... traffickers, criminals at large, and illicit drugs.” Trump also announced Thursday a 90-day moratorium with Mexico after a call with President Claudia Sheinbaum, keeping 25% tariff rates in place. Read full article