https://www.taxtmi.com/news?id=49137 President Trump announced a substantial escalation of import tariffs on Canadian goods to take effect on a specified date, justified as leverage to secure cooperation on fentanyl interdiction and to address tariffs, non tariff policies and a bilateral trade deficit. The move has prompted market concern, reinforced Canadian resistance including prior retaliatory tariffs, and complicates bilateral negotiations. Eligible goods under the United States Mexico Canada trade framework currently remain protected, but that protection is contingent on a forthcoming review. en-us Fri, 11 Jul 2025 17:01:04 +0530 Fri, 11 Jul 2025 17:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49137 President Trump announced a substantial escalation of import tariffs on Canadian goods to take effect on a specified date, justified as leverage to secure cooperation on fentanyl interdiction and to address tariffs, non tariff policies and a bilateral trade deficit. The move has prompted market concern, reinforced Canadian resistance including prior retaliatory tariffs, and complicates bilateral negotiations. Eligible goods under the United States Mexico Canada trade framework currently remain protected, but that protection is contingent on a forthcoming review. News - Fri, 11 Jul 2025 17:01:04 +0530 https://www.taxtmi.com/news?id=49137