Trump Imposes More Tariffs on Mexico
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US President Donald Trump has announced that all imports from Canada will have a 35% tariff as of August 1. He sent a letter to the country’s president, Mark Carney, informing him of the new rate, which has also been posted on his Truth Social account.
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How Canada and Mexico Just Stunned the U.S. Economy with Bold Moves?Canada and Mexico’s recent actions have sent shockwaves through the U.S. economy, and Washington wasn’t ready. What was meant to reinforce U.S. influence has triggered a calculated response from its closest neighbors.
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Sheinbaum addressed new U.S. tariffs on Canada, shared plans for a National AI Laboratory and reflected on the role of La Malinche.
The country with the most favorable view of the United States was Israel, with 95% viewing it as an ally and 1% viewing it as a threat. Mexico, meanwhile, had the least favorable responses, 37% viewing the United States as an ally and 68% a threat.
The Canadian prime minister said it may not be possible to escape U.S. tariffs even with a bilateral agreement to resolve the current tariff row.
An Indian trade delegation has also reached Washington for fresh talks on a trade deal with the United States.
If implemented, Trump's new 35 percent duties will be "separate from all Sectoral Tariffs," such as the 50 percent tariff on steel and aluminum imports. Trump also promised that, if Canada raises its own tariffs in response, then "whatever number [Canada chooses] to raise them by, will be added onto the 35% that [the U.S. charges]."