US EditionTrump Adds 10 Percent Tariff on Canada Amid Reagan ad Spat
Trump cites a Reagan-era ad as interference in Supreme Court tariff rulings and plans a 10% tariff hike on Canada, impacting over $3.9 billion in daily trade.
- As he departed for Asia, US President Donald Trump said a Reagan-era radio address aimed to influence the US Supreme Court ahead of arguments scheduled for next month and said he would not meet the Canadian prime minister at the ASEAN summit in Malaysia.
- Lower courts had ruled Trump exceeded his authority, and he warned the US Supreme Court could create a disaster by forcing refunds of billions of dollars in duties.
- With such large flows at stake, nearly $C3.6 billion in goods cross the border daily, with steel and aluminum facing 50 US tariffs and most autos 25% US tariffs.
- Canadian Prime Minister Mark Carney has been trying to work with Trump to lower tariffs and said Ottawa was prepared to resume discussions on steel, aluminum and energy as he boarded a government plane to ASEAN talks.
- With policy reviews looming, White House economic adviser Kevin Hassett said negotiations with Canada have `not been going well`, and the trade deal Trump negotiated in his first term is slated for review amid a US base tariff of `three` percent and USMCA exemptions.
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82 Articles
Trump spontaneously announces a new customs penalty for neighboring Canada. The reason is a clip that he dislikes.
'Massive break with conservative icon': Trump's latest 'snit' said to have backfired
President Donald Trump’s new trade war with Canada over an advertisement paid for by Ontario featuring former President Ronald Reagan has backfired in what conservative commentator Charlie Sykes called “a brilliant example of the Streisand effect,” drawing millions to watch the ad featuring Reagan condemning tariffs and protectionist trade policies.“How thin-skinned is the uber-touchy Donald Trump? As you may have heard: A single Canadian ad tri…
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Brattleboro ReformerTrump raises tariffs on Canada by 10 percent over Reagan ad
President Donald Trump said in a social media post Saturday that he is raising tariffs on Canadian imports, citing the airing of a television ad in the United States that features President Ronald Reagan criticizing tariffs.
President Donald Trump, who decided this week to break trade relations with Canada after advertising against U.S. tariffs, announced Saturday the addition of an additional 10% against imports that were already affected.
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