Murray Wood: Who's hot... and who's not
Every Friday, Murray Wood takes a look back at the week's news and decides who's hot... and who's not. This week's list ...
U.S. President Donald Trump marked 200 days back in office today by again hitting nations around the world with increased tariffs, days after slapping Canada with a 35 per cent duty.
Trump escalated his trade war last week by hitting Canada with a baseline 35 per cent tariff that applies only to goods not covered by the Canada-United States-Mexico Agreement on trade, better known as CUSMA.
Read more:
- LISTEN: Scott Moe talks tariffs, trade, CUSMA and Chappell Roan on Evan Bray Show
- Carney to meet with cabinet, premiers to discuss latest U.S. tariffs
- Saskatchewan NDP urges return of U.S. liquor ban in response to tariff hikes
Just after midnight, U.S. tariffs took effect on goods from more than 60 other nations and the European Union, ranging from a low of 10 per cent to a staggering 50 per cent on Brazil.
Trump celebrated the boosted duties with a social media post claiming “tariffs are flowing into the USA at levels not thought even possible!”
American tariffs are now at a level not seen in the U.S. in almost a century.
Nations are also being hit with Trump’s separate tariffs on steel, aluminum, copper and automobiles.
This report by The Canadian Press was first published Aug. 7, 2025.
