{"id":3333,"date":"2025-10-26T00:33:18","date_gmt":"2025-10-25T21:33:18","guid":{"rendered":"https:\/\/ukrmedia.news\/?p=3333"},"modified":"2025-10-26T00:33:18","modified_gmt":"2025-10-25T21:33:18","slug":"trump-raises-tariffs-on-canada-by-10-per-cent","status":"publish","type":"post","link":"https:\/\/ukrmedia.news\/en\/economics\/trump-raises-tariffs-on-canada-by-10-per-cent\/","title":{"rendered":"Trump announces tariff hike for Canada on 10%"},"content":{"rendered":"

Trump raises import duties on goods from Canada by another 10%<\/h2>\n

President of the United States Donald Trump<\/strong> announced the additional 10% increase in duties on imports from Canada<\/strong>, The Ukrainian government explained this by the \u201cunfair behaviour\u201d of the Canadian side in trade relations.
He announced this on the social network Truth Social<\/em><\/a>, emphasising that Washington suspends trade talks with Ottawa<\/strong>.<\/p>\n

\n

Reasons for the decision<\/h2>\n

According to the US President, the reason for the escalation was video published by the Government of Ontario<\/strong>, which uses a fragment of a speech by former US President Ronald Reagan<\/strong>.
In the video, Reagan warned that Trade duties can lead to economic wars<\/strong>.<\/p>\n

Trump called it a \u00abprovocation\u00bb and \u00aban attempt by Canada to discredit US economic policy\u00bb, and then said immediate increase in tariffs<\/strong>.<\/p>\n

\n

\u00abWe will not allow other countries to disrespect American manufacturers and our people. If they don't play fair, the response will be immediate,\u00bb Trump said.<\/p>\n<\/blockquote>\n

\n

Canada's response<\/h2>\n

Prime Minister of Canada Mark Carney<\/strong> expressed regret over Washington's decision and called on the United States return to constructive dialogue<\/strong>.
He emphasised that the Canadian government did not plan to provoke a conflict<\/strong> and is ready to discuss settlement mechanisms.<\/p>\n

\n

\u00abOur countries are linked by common history and trade. We are interested in a stable and mutually beneficial relationship,\u00bb Carney said.<\/p>\n<\/blockquote>\n

\n

Implications for the economy<\/h2>\n

Analysts warn that the new duties may affect supply chains in the automotive, woodworking and food industries<\/strong>, The US and Canada are closely linked.
Trump's decision is expected to provoke mirror steps from Ottawa<\/strong>.<\/p>","protected":false},"excerpt":{"rendered":"

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