#USTariffs #TradeWar2025 #IndiaUSRelations #CanadaUSTrade #BilateralTensions #TariffRelief #GlobalTradeWatch #MakeInIndia #PharmaExports #DigitalTrade

#USTariffs #TradeWar2025 #IndiaUSRelations #CanadaUSTrade #BilateralTensions #TariffRelief #GlobalTradeWatch #MakeInIndia #PharmaExports #DigitalTrade Washington/New Delhi: In a move that could escalate global trade tensions, the United States has announced a sweeping 35% tariff on select Canadian imports, citing concerns over persistent trade imbalances and lack of cooperation in industrial policy alignment. The tariffs, which go into effect August 5, apply to Canadian steel, aluminum, lumber, and select auto components—sectors critical to the Canadian economy. The White House said the action is part of a broader review of North American trade dynamics and “national economic security,” though it stopped short of invoking a full-scale…