President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.

U.S. President Donald Trump’s latest tariff threat against Canada was rattling markets SPX Friday, as investors faced the specter of yet more levies on goods imported from the United States’ northern neighbor.

Fol lowing President Trump’s reversal of a free trade agreement with Canada from his previous term and the application of tariffs on Canadian trade earlier this year, Ottawa has imposed a 25% “counter-measure surtax” on all passenger cars and light trucks originating in the United States since 9 April 2025.

President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

President Donald Trump has launched a wave of Section 232 tariffs and investigations, seeking to protect U.S. national security. These nine graphics show the scale and structure of U.S. reliance on