Trump announces 10% increase in Canadian tariffs

Trump announces 10% increase in Canadian tariffs

US President Donald Trump said on Saturday that he was raising tariffs to Canada by 10% additional, just two days after finishing trade talks with Otttawa because of what Trump called a fraudulent ad. Trump announced the highest tariffs in a post in Social Truth on Saturday, referring to [...]

Trump announced the highest tariffs in a post in Social Truth on Saturday, referring to a commercial broadcast aired by Canada's Ontario province government presenting a video of late President Ronald Reagan, a Republican icon, saying tariffs cause trade wars and economic disaster, Reuters writes, broadcast Periscope.

Canadian Prime Minister Mark Carney said on Friday that Canada was ready to resume trade talks with the United States.

The U.S. Department of Commerce, the White House and Carney's office did not immediately respond to the requests for the statement. /Periscope/

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