Markets Undeterred by Trump's Tariff Imposition on Canadian Goods The United States has imposed additional 50% tariffs on certain Canadian goods, a move seen as part of President Donald Trump's broader trade agenda.
The tariffs are ostensibly in response to Canada's decision not to join the United States Mexico Canada Agreement (USMCA), also known as NAFTA.
However, many see this move as an attempt by Trump to exert pressure on Canadian Prime Minister Justin Trudeau ahead of the US elections.