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%.
The decision comes after months of tariff threats from the Trump administration, and escalating trade tensions that have sowed anger in Canada.
It was announced just hours before a 1 August deadline Trump had imposed on many countries to reach a trade