Decision comes amid escalating trade tensions between the two countries and before a deadline to negotiate a deal

• Follow it live: White House releases new tariff rates on 92 countries

Donald Trump signed an executive order on Thursday increasing tariffs on Canadian goods imported to the United States from 25% to 35%.

The new import tax rates goes into effect on Friday, according to a White House factsheet. The tariff would cover all products not covered by the US-Mexico-Canada trade agreement. Goods transshipped to another country to evade the new tariffs would be subject to a transshipment levy of 40%.

Source: Guardian - World News