President Trump announces "Liberation Day" tariffs, aiming to reshape U.S. trade policies, boost American manufacturing, and challenge global trade norms.
On February 1, 2025, President Donald Trump imposed a 25% tariff on all Canadian imports, excluding energy products, which are subject to a 10% tariff. This action has prompted Canada to respond with equivalent tariffs on U.S. goods, intensifying the trade dispute between the two nations.
President Trump announces "Liberation Day" tariffs, aiming to reshape U.S. trade policies, boost American manufacturing, and challenge global trade norms.
On February 1, 2025, President Donald Trump imposed a 25% tariff on all Canadian imports, excluding energy products, which are subject to a 10% tariff. This action has prompted Canada to respond with equivalent tariffs on U.S. goods, intensifying the trade dispute between the two nations.