Canada will not be subject to new 10% tariff, says ambassador to U.S. - The Globe and Mail

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Key Announcement

Canada will not be subject to a newly imposed 10% US tariff on most countries' imports, as confirmed by Canada's ambassador to the US, Kirsten Hillman.

US Tariff Changes

The Trump administration initially announced a 10% tariff on products from US trading partners, excluding China due to retaliatory tariffs (increased to 125%). However, confusion arose when US Treasury Secretary Scott Bessent suggested Canada and Mexico would be included.

Clarification

Ambassador Hillman clarified that Canada remains exempt from this specific 10% levy, though existing tariffs imposed by the Trump administration remain in effect. This means Canadian imports are not subject to the newly added 10% tariff.

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