Trump declares February 1 as start date for Canadian tariff hikes

Sitting behind the Oval Office desk for the first time in four years, U.S. President Donald Trump wasted no time in issuing a stark warning to Canada and Mexico. On Monday, he announced plans to impose a 25% tariff on imports from the two countries as early as February 1, signaling a return to his hardline trade policies. The threat marks the latest chapter in the long-running softwood lumber dispute between the U.S. and Canada. Canadian sawmills, already burdened by existing duties averaging 14.4%, have warned of significant price hikes for U.S. customers if ...