Trump Imposes 35% Tariffs on Canada Amid Trade Disputes

TL;DR Summary
President Donald Trump announced new tariffs, including a 10% global minimum and higher duties for countries with trade surpluses, significantly raising tariffs on goods from most US trading partners, with most rates taking effect after August 7, aiming to reshape international commerce and address trade deficits.
- Trump Sets Tariffs Ahead of Deadline With 10% Baseline Rate Bloomberg.com
- Trump escalates Canada tariffs to 35% while setting new tariff rates for dozens of other countries Fox Business
- Trump says sharper tariffs to take effect in a week, 35% for Canada starts Friday The Washington Post
- Trump Says Canada Needs to Pay Up to Reach Truce on Trade Bloomberg.com
- Trump Imposes 35% Tariff on Canada and Grants Mexico a 90-Day Extension The New York Times
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