The courts are considering whether they're even legal under U.S. law, and the American economy has yet to feel the pain of higher prices WASHINGTON, D.C. — Time’s up. On Friday, U.S. President Donald Trump raised the tariff rate on Canadian goods not covered under the Canada-United States-Mexico Agreement (CUSMA) from 25 to 35 per cent,

President Donald Trump has just signed a bold new executive order that changes the game on global trade. In a sweeping move, the U.S. will impose new tariffs on imports from over 70 countries — with some rates reaching as high as 41%.

It's down to the wire on U.S. President Donald Trump's threat to raise his tariff on Canadian goods entering the United States to 35 per cent.