<ul data-eligibleForWebStory="false"><li>U.S. President Donald Trump has threatened a new tariff rate of 35% on Canadian goods, effective August 1, in addition to the existing 25% tariffs.</li><li>Negotiations between Canada and the U.S. on trade are ongoing, indicating that the issue of tariffs might persist and impact stocks during Trump's term.</li><li>Investing in Loblaw Companies Limited (TSX:L) could be a strategy for Canadian investors to minimize risk, as the company sources goods locally and offers essential products.</li><li>Loblaw stock has seen an 18% increase this year, providing stability for investors amidst the uncertain Canada-U.S. relations. It also offers a dividend yield of around 1%.</li></ul>

Worried About Tariffs? Hide Out in This Safe TSX Stock

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