International

Trump's tariff hike hits the world days after U.S. struck Canada with higher duty

Darpan News Desk The Canadian Press, 07 Aug, 2025 09:27 AM

U.S. President Donald Trump marked 200 days back in office today by again hitting nations around the world with increased tariffs, days after slapping Canada with a 35 per cent duty.

Trump escalated his trade war last week by hitting Canada with a baseline 35 per cent tariff that applies only to goods not covered by the Canada-United States-Mexico Agreement on trade, better known as CUSMA.

Just after midnight, U.S. tariffs took effect on goods from more than 60 other nations and the European Union, ranging from a low of 10 per cent to a staggering 50 per cent on Brazil.

Trump celebrated the boosted duties with a social media post claiming "tariffs are flowing into the USA at levels not thought even possible!"

American tariffs are now at a level not seen in the U.S. in almost a century.

Nations are also being hit with Trump's separate tariffs on steel, aluminum, copper and automobiles.

Picture Courtesy: AP Photo/Mark Schiefelbein, File

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