LIVE: Trump Blows Up Trade War, Slaps Canada, Brazil With New Tariffs | Firstpost America | N18G
LIVE: Trump Blows Up Trade War, Slaps Canada, Brazil With New Tariffs | Firstpost America | N18GPresident Donald Trump has escalated a global trade dispute, threatening new blanket tariffs of 15–20% on countries that had not received specific notifications yet. A 35% tariff on Canadian imports is set to begin on August 1, with Washington citing retaliation and fentanyl concerns. Canadian Prime Minister Mark Carney reaffirmed his commitment to the trade talks. Trump also threatened Brazil with 50% tariffs, criticising President Lula’s treatment of Jair Bolsonaro. Lula called the move disrespectful and warned of retaliation. Protests have also erupted in Brazil. Several countries, including India and the Philippines, are holding talks with the US before the tariffs take effect.
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