Trump Announces 35 Percent Tariff on Canada, Possible 15–20 Percent Tariffs on Other Countries
The new rate will go into effect on Aug. 1
President Donald Trump said on July 10 that he would be imposing a blanket 35 percent tariff on Canadian imports.
In a letter posted to his Truth Social Platform, Trump told Canadian Prime Minister Mark Carney that the new tariff rate would take effect on Aug. 1.
“As you will recall, the United States imposed Tariffs on Canada to deal with our Nation’s Fentanyl crisis, which is caused, in part, by Canada’s failure to stop the drugs from pouring into our Country,” Trump wrote. ---More...
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