President Donald Trump has threatened a 35 percent tariff on Canadian goods and says he may double what other nations are charged.
Trump is playing hardball with countries that have yet to make a trade deal with him.
In a letter sent to Canadian Prime Minister Mark Carney Thursday, Trump said the U.S. will charge a 35 percent tariff on goods imported from Canada starting August 1.
He also told NBC News Thursday he plans to impose higher blanket tariffs on most trade partners. There is currently a 10 percent blanket tariff on all countries.
“We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%. We’ll work that out now,” he said.
This is a developing story…
