Canadian Prime Minister Mark Carney reportedly said on Tuesday that it may not be possible for Canada to avoid U.S. tariffs. “There is not a lot of evidence right, with regards to negotiations, of any country or jurisdiction,

Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.

President Trump stated the U.S. is nearing a trade agreement with India and potentially the EU, while a deal with Canada remains uncertain. These negotiations occur before an August 1 deadline that could see increased duties on U.

President Trump has threatened to increase Mexico’s tariff rate to 30 percent starting Aug. 1, claiming the country hasn’t sufficiently tackled drug cartels.

The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.

As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.

The move comes as the Commerce Department officially withdrew from a longtime trade agreement governing imported tomatoes on Monday, July 14.The tariff is slightly lower than the 21% duty floated by Trump officials in April,

President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. Trump on Thursday announced a 35% tariff on Canadian goods.