President Trump signs proclamation on bus tariffs
Friday, October 17, President Trump signed a proclamation paving the way for higher tariffs on imported trucks, buses, and their parts.
President Donald Trump announced he’s ending “all trade negotiations” with Canada because of a television ad opposing U.S. tariffs that he said misstated the facts and was aimed at influencing U.S. court decisions.
The leader of Canada’s most populous province posted remarks by former U.S. President Ronald Reagan on social media on Friday showing Reagan opposed tariffs, hours after President Donald Trump announced he’s ending “all trade negotiations” with Canada because of a television ad that Trump said misstates Reagan’s opposition to tariffs.
Friday, October 17, President Trump signed a proclamation paving the way for higher tariffs on imported trucks, buses, and their parts.
Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday.
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.
Canada is retaliating against some U.S. trade policies.
U.S. President Donald Trump and Canadian Prime Minister Mark Carney faced off in the Oval Office on Tuesday and showed no signs of retreating from their gaping differences in an ongoing trade war that has shattered decades of trust between the two countries.
The Senate passed a resolution Wednesday night that would thwart President Donald Trump’s ability to impose tariffs on Canada, delivering a rare rebuke to the president just hours after he unveiled sweeping plans to clamp down on international trade.
With President Donald Trump’s so-called “Liberation Day” of tariff implementation fast approaching, Senate Democrats are putting Republican support for some of those plans to the test by forcing a vote to nullify the emergency declaration that underpins the tariffs on Canada.
The European Union and Canada quickly unveiled retaliatory measures this week after President Donald Trump’s anticipated tariffs on imported steel and aluminum took effect.