US readies new tariffs as Trump’s 10% global levy to expire
” Trump has also unleashed other duties and trade investigations as he presses US partners for further leverage: — A 25-percent tariff on various Brazilian goods taking effect Wednesday; — A 50-percent tariff on many Canadian products kicking in August 19; — Trade probes on 16 trading partners over excess industrial capacity.
The Trump administration has prepared fresh tariffs targeting 60 trading partners over their alleged failures to act against forced labor, as officials push to rebuild the US leader’s trade agenda after legal setbacks.– Adding pressure – Washington announced Monday a sharp 50-percent tariff on many Canadian products, starting in 30 days, as US-Mexico talks over a North American free trade pact intensify.
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