U.S. President Donald Trump has increased tariffs on Canadian imports from 25% to 35%, effective at midnight.
The White House also announced new levies on dozens of other countries, set to take effect in seven days.
While tariffs on Mexico have been delayed for 90 days, the move follows Trump’s April announcement that caused global economic uncertainty.
Several nations, including the UK and EU, have since secured trade agreements with the U.S. Experts warn that U.S. companies may pass increased import costs on to consumers.
