Categories: Business News

Trump announces 10% increase in tariffs on Canada

WASHINGTON (Reuters) -U.S. President Donald Trump said on Saturday he was increasing tariffs on Canada by an additional 10% "above what they're paying now," just two days after ending…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by NewsX Syndication
Published: October 26, 2025 05:20:06 IST

WASHINGTON (Reuters) -U.S. President Donald Trump said on Saturday he was increasing tariffs on Canada by an additional 10% "above what they're paying now," just two days after ending trade talks with Ottawa over what Trump said was as a misleading advertisement.  Trump announced the higher tariffs in a Truth Social post on Saturday, referencing an ad aired by the government of Canadian province Ontario featuring a video of late President Ronald Reagan, a Republican icon, saying that tariffs cause trade wars and economic disaster. Canadian Prime Minister Mark Carney said on Friday that Canada stood ready to resume trade talks with the United States. The U.S. Commerce Department, the White House and Carney’s office did not immediately respond to requests for comment. (Reporting by Jasper Ward and Valerie Volcovici; Editing by Leslie Adler)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by NewsX Syndication
Published: October 26, 2025 05:20:06 IST

Recent Posts

Samay Raina And Ranveer Allahbadia Reunite On Kapil Show, Spark Chaos Online; Fans Say ‘RIP Netflix India’ As Viral Buzz Grows

Samay Raina and Ranveer Allahbadia reunite on The Great Indian Kapil Show for a World…

April 30, 2026

Motorola Razr 70 Series Launch: Upgraded Displays, Improved Durability, And AI-Powered Features—Check All Features And Price

Motorola has launched the Razr 70 series, including Ultra, Plus, and base models, featuring upgraded…

April 30, 2026

‘Voters Lips Sealed’: Why Pollster Axis My India Skipped West Bengal Exit Polls 2026, Pradeep Gupta Explains

‘Voters’ lips sealed’ forced Axis My India to skip Bengal exit polls 2026 as low…

April 30, 2026