The President of the United States announced an increase in tariffs on Canada to 35%, drawing international attention.

US President Raises Tariffs on Canada!

The White House issued a statement saying that the US President has signed an executive order to raise Canada's tariffs from 25% to 35%.

"Increasing the tariff rate is to respond to Canada's continued inaction and retaliation, and to prevent fentanyl from entering the United States."

A statement on the executive order said that goods transshipped to avoid the 35% tariff, that is, Canadian goods transshipped through other countries, will be subject to a 40% tariff.

Goods under the United States-Mexico-Canada Agreement will not be subject to higher rates.

Original: https://www.toutiao.com/article/1839208532432896/

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