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Trump raises Canada tariff to 35%, grants extension to Mexico

CBC News · Recent
CBC News
CBC News
Recent

U.S. President Donald Trump has signed an executive order increasing tariffs on Canadian goods that don't meet the terms of the Canada-U.S.-Mexico Agreement to 35 per cent.

Breakdown
  • Trump increases tariffs on Canadian goods from 25% to 35%. 19s
  • Tariff hike is attributed to Canada's lack of cooperation on fentanyl and trade retaliation. 42s
  • Canada has not reached a new trade deal; negotiations will continue. 1m 1s
  • Mexico secures a 90-day extension for trade talks with the US. 1m 31s
  • Canadian officials face calls to respond strongly to the US tariff increase. 1m 43s
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