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International Business Times
International Business Times
World

Trump Threatens Canada With 35 Percent Tariff Rate Starting Aug 1

Canada and the US are locked in trade negotiations in hopes to reach a deal by July 21 (Credit: AFP)

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.

It was the latest of more than 20 such letters issued by Trump since Monday, as he continues to pursue his trade war threats against dozens of economies.

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