Trump says he will hit Canadian imports with a 35% tariff in major escalation of trade war

President Donald Trump announced Thursday that the United States would apply a 35% tariff to all imports from Canada beginning next month, reviving tensions with a major trade partner that had largely dissipated in recent weeks."Instead of working with the United States, Canada retaliated with its own Tariffs," Trump wrote in the letter shared on Truth Social.
President Donald Trump announced Thursday that the United States would apply a 35% tariff to all imports from Canada beginning next month, reviving tensions with a major trade partner that had largely dissipated in recent weeks.
"Instead of working with the United States, Canada retaliated with its own Tariffs," Trump wrote in the letter shared on Truth Social. "Starting August 1, 2025, we will charge Canada a Tariff of 35% on Canadian products sent into the United States, separate from all Sectoral Tariffs."
Until this escalation, Canadian imports that did not fall under the U.S.-Mexico-Canada trade agreement, which Trump negotiated in his first term, faced a tariff of 25%. Energy imports from Canada faced tariffs of 10%.
Trump told NBC News in an interview earlier Thursday that he would announce a new tariff rate for Canada before the end of the week.
Canada is one of the United States' top trading partners, with more than $410 billion of goods crossing into the country last year. However, the two countries have had a fraught trading relationship since Prime Minister Mark Carney took office in March.
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