Trump threatens new tariffs on Canada, including 250% tax on dairy | CNN Business

CNN  — 

A day after offering Canada a one-month reprieve on punishing, virtually across-the-board 25% tariffs, President Donald Trump has threatened new tariffs as soon as Friday on Canadian lumber and dairy products. It’s yet another twist in a serpentine trade policy that seems to shift on an hourly basis.

“Canada has been ripping us off for years on lumber and on dairy products,” Trump said in an Oval Office address Friday, citing Canada’s roughly 250% tariff on US dairy exports to the country. Trump said America would match those tariffs dollar-for-dollar.

“We may

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

The Startup World Glamorizes Young Founders, But These 4 Women Started Businesses After Age 40 — Leading to Hundreds of Millions of Dollars. Here’s...

When you picture a successful startup founder, who do you see?The business world often glamorizes young male founders as harbingers of rapid achievement and...

Can Innovation Be Ethical? Here’s Why Responsible Tech is the Future of Business

Opinions expressed by Entrepreneur contributors are their own. Technological advancements like automation, artificial intelligence and big data play a central role in...

How This Powerful Software Can Help You Increase Your Real Estate Profits

Opinions expressed by Entrepreneur contributors are their own. While you may be comfortable working with paper accounting methods, the future is here....