Reported about 10 hours ago
President Trump has announced a surprising 35% tariff on Canadian goods, but certain sectors like energy may see some exemptions. While goods compliant with the United States-Mexico-Canada Agreement could remain unaffected, products such as steel and aluminum, already facing higher duties, will be excluded. The potential carveouts, especially for oil and potash, are significant as they represent a large portion of imports from Canada and are crucial for agricultural states. The tariff measures are set to start on August 1, but Trump's ongoing negotiations may affect any final outcomes.
Source: YAHOO