Canadian Prime Minister Mark Carney said his government was disappointed by Trump’s move to raise the U.S. tariff on goods from America’s northern neighbor to 35% from 25%, effective Friday. Goods transshipped from unspecified other countries face a 40% import duty.

U.S. President Donald Trump slapped steep tariffs on exports from dozens of trading partners including Canada, Brazil, India and Taiwan, pressing ahead with his plans to reorder the global economy ahead of a Friday trade deal deadline.

President Donald Trump has said that tariffs won’t lead to higher prices. But the United States economy seems to disagree: Inflation, which has remained fairly tame, is slowly creeping up because of tariffs.

Here’s how Canada, Mexico, China and other countries fare under President Donald Trump’s plan to rebalance global trade.

Global markets dip on Trump’s tariff order, Virginia Giuffre’s family seek release of Epstein files, and a new ICE recruitment strategy Live updates: Trump says he is open to more trade agreements, raises Canada tariff to 35% President Donald Trump announced that he would delay tariffs on Mexico for another 90 days as the two countries try to work out a trade agreement.