Tilray Brands, Inc. TLRY +1.01% stock is trading lower on Monday, alongside other cannabis-related stocks, following President Donald Trump's announcement of new tariffs on imported goods from Canada, Mexico and China, set to take effect Tuesday. Trump has since temporarily paused the 25% tariff on imports from Mexico for one month.
The Details: The 25% tariff on goods from Canada and the additional 10% tariff on goods from China are still scheduled to go into effect on Tuesday. However, energy exports from Canada will face a lower tariff rate of 10%..
