Trump signs order increasing tariffs on Canadian goods from 25% to 35%

Decision, described by Mark Carney as ‘disappointing’, comes amid escalating trade tensions between the two countries Follow it live: White House releases new tariff rates on 92 countries Donald Trump signed an executive order on Thursday increasing tariffs on Canadian goods imported to the United States from 25% to 35%. The new import tax rates goes into effect on Friday, according to a White House factsheet. The tariff would cover all products not covered by the US-Mexico-Canada trade agreement. Goods transshipped to another country to evade the new tariffs would be subject to a transshipment levy of 40%.