Canada imposes 25% tariffs on $30 billion worth of US imports: Trudeau

Hindustan Times

Hindustan Times

Summary

88:88
The new US tariffs — 25 percent duties on most Canadian and Mexican imports and raising the charge on China to 20 percent — apply to roughly US$1.5 trillion in annual imports, an expansive move signalling to markets that the Republican president is committed to inflicting economic pain to generate fresh revenue and create domestic manufacturing jobs.
Buenos Aires Times
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President Trump kicked off a trade war on Tuesday, levying major tariffs on the top three U.S. trading partners — Canada, Mexico and China.
The Hill
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The loonie was trading 0.2% higher at 1.4450 per U.S. dollar, or 69.20 U.S. cents, after trading in a range of 1.4407 to 1.4520.
Reuters
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Of them, 110 subsidiaries are located in Canada and 91 in Mexico, with Samsung Group leading with 50 entities in Canada and 18 in Mexico.
The Korea Times

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