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Trump increases tariffs on some Canadian goods to 35%.

Having failed to secure a trade deal before the U.S. President’s August 1 deadline, Canada has had the tariff rate on some of its goods increased from 25% to 35%. The executive order excludes goods covered by Canada’s free trade deal with the U.S. and Mexico, as well as the tariffs Trump imposed more recently on steel, aluminum and autos.

Trump also announced steep tariffs on several other countries but gave Mexico a 90-day reprieve.

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