Trump escalates Canada tariffs to 35% while setting new tariff rates for dozens of other countries
1. Trump increases tariffs on Canada from 25% to 35% due to drug imports. 2. Executive orders aim to secure trade and address national security concerns. 3. This move may escalate trade tensions between the U.S. and Canada. 4. Higher tariffs could impact U.S. companies relying on Canadian goods. 5. Modifications to reciprocal tariffs may affect trade dynamics globally.