Trump threatens Canada, Brazil with steep tariffs, escalating global trade tensions

Hallmarknews | 11-07-2025 10:18pm |

U.S. President Donald Trump has threatened to impose a 35 percent tariff on Canadian exports starting August 1, intensifying his aggressive trade stance amid ongoing negotiations with America’s North American partners. In a letter sent Thursday to Canadian Prime Minister Mark Carney, Trump warned that the punitive measure would be enforced unless significant concessions are [...]The post Trump threatens Canada, Brazil with steep tariffs, escalating global trade tensions first appeared on Business Hallmark.

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