Trump has hit Canada with a 35% tariff rate:
up from the current two-tiered rate of 10% and 25%letter does not specify whether current exclusions for USMCA-compliant trade will be extendedseparate from sectoral leviesmay lower rate if Canada works with US on stopping fentanylrate may move up ro down depending on US-Canada relations start date is August 1
Still time for TACO I guess, but not much.
This article was written by Eamonn Sheridan at www.forexlive.com.