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Trump imposes 50% tariffs on Canadian goods as trade tensions escalate

By GhanaSummary Newsroom1 min read
Trump imposes 50% tariffs on Canadian goods as trade tensions escalate

US President Donald Trump has imposed a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called "unequal treatment" of US cars, dairy and alcohol."This is the latest in a series of unilateral US trade actions that began with the US imposing a series of tariffs in direct violation of the Canada-United States-Mexico Agreement," Carney said in a statement on X.

Canada and Mexico sought a renewal of the trade agreement, but the US wants to make changes to the deal, which was negotiated during Trump's first term in office.

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