Trump Announces 10% Tariff Hike on Canada Amid Tensions Over Ad Criticizing Him
President Donald Trump announced a 10% tariff increase on Canada, escalating trade tensions after an ad featuring parts of an anti-Trump speech by Ontario Premier Doug Ford sparked controversy.
President Donald Trump announced Saturday that he is increasing tariffs on Canada by 10% over current levels amid escalating trade tensions sparked by an ad featuring parts of an anti-Trump video, which was created by a Canadian politician in Ontario. The move comes after the Canadian government had threatened to retaliate against US tariffs imposed earlier this month. The tariff hike marks another escalation in the ongoing trade dispute between the two countries. The development has raised concerns about potential disruptions to trade and investment between the US and Canada.