A deepening trade war between the U.S. and Canada is once again driving up the cost of goods crossing the northern border. After the Trump administration imposed a 50% tariff on many Canadian products, Canada hit back with import taxes on billions of American-made goods. Nancy Cordes reports. Canada imposes tariffs of up to 50% […]
Why Trump says he’s pausing 50% tariffs on some Canadian goods for 3 days – CBS News Watch CBS News Just two hours before new tariffs were set to take effect on Canada, President Trump said the 50% tariffs on some of the country’s products would be paused for three days. Nancy Cordes explains. Why […]
President Trump said Tuesday he has paused the 50% tariffs on a range of Canadian goods that were set to take effect Wednesday. “I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to […]
Colombia’s new President Abelardo de la Espriella on Saturday called on President Trump to suspend tariffs currently targeting the South American nation, which is reeling after a deadly earthquake. U.S. tariffs on Colombian products rose from 10% to 12.5% in late July, with a few exceptions including coffee and oil. “I asked him to consider […]
Trump to impose 50% tariffs on some Canadian goods. Here’s what’s impacted – CBS News Watch CBS News President Trump has signed an order imposing new 50% tariffs on a range of Canadian goods from cement to wine and dairy products. They are set to take effect Aug. 19. Nancy Cordes reports. Trump to impose […]
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries. The new tariffs — laid out in a series of proclamations signed by Mr. Trump on Monday — are set to take effect on Aug. 19. The White House […]
President Trump on Friday threatened additional tariffs on Canada for wildfires that have blanketed large parts of the Midwest and East Coast in smoke in recent days, blaming the U.S.’ northern neighbor for failing to contain the blazes. “We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and […]
The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy. The tariffs, which were first proposed last month, will take effect July 22, according to senior Trump administration officials who spoke on condition of anonymity to discuss the […]
The Trump administration will support a draft bill that would impose heavy financial penalties on purchasers of Russian oil, adding to economic pressure on Moscow, all in an effort to bring Russia’s four-year war on Ukraine to a close, sources told CBS News. GOP Sen. Lindsey Graham of South Carolina and Democratic Sen. Richard Blumenthal […]