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Trump tariffs: What do the new import duties mean for U.S. consumers?

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Trump tariffs: What do the new import duties mean for U.S. consumers?

August 1, 2025

The new U.S. tariffs on Canada kicked in Friday but for more than three dozen other nations, President Donald Trump offered a small reprieve. Their new rates begin on Aug. 7, with many exceeding the 15 per cent baseline. Global’s Candice Cole breaks down what countries what countries have the highest rates and what it could mean for American consumers.

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