US President Donald Trump has announced that he will place a 35% tariff on goods from Canada. These new tariffs will start on August 1. President Trump shared this news in a letter posted on his social media platform, Truth Social. In the letter, he also warned that he may add more tariffs of 15% or 20% on many other countries. He said he plans to announce similar tariffs soon on products from the European Union. Canadian Prime Minister Mark Carney replied that his government will keep working to protect Canadian workers and businesses. He said Canada wants to reach an agreement with the Un

US President Donald Trump has announced that he will place a 35% tariff on goods from Canada. These new tariffs will start on August 1. President Trump shared this news in a letter posted on his social media platform, Truth Social. In the letter, he also warned that he may add more tariffs of 15% or 20% on many other countries. He said he plans to announce similar tariffs soon on products from the European Union. Canadian Prime Minister Mark Carney replied that his government will keep working to protect Canadian workers and businesses. He said Canada wants to reach an agreement with the United States before the deadline. This is not the first time President Trump has targeted Canadian products. In the past, he has already imposed a 25% tariff on some Canadian goods, and Canada has been affected by other US tariffs on steel, aluminum, and cars. However, certain products that meet the rules of the North American free trade agreement are currently exempt. It is still unclear if the new 35% tariffs will apply to goods covered by the Canada-United States-Mexico Agreement (CUSMA). Trump said that Canada could avoid these tariffs if Canadian companies decide to build or make their products inside the United States. He also linked the tariffs to Canada’s supposed failure to stop fentanyl from entering the US. He claimed Canada has unfair taxes on US dairy farmers and blamed the trade deficit between the two countries. “If Canada helps stop fentanyl, we may change these tariffs,” Trump wrote. “They could go up or down, depending on our relationship.” Prime Minister Carney answered by saying Canada has worked hard to fight fentanyl and would keep cooperating with the US to protect communities. Official US data shows that almost all fentanyl seized comes from the Mexican border, not Canada. Earlier this year, Canada spent more money on border security and named a special official to address the fentanyl problem, hoping to ease tensions. In June, during the G7 Summit, Trump and Carney said they wanted a new trade deal within 30 days. But if no deal is reached by July 21, Trump has threatened even higher tariffs. Canada has already placed some counter-tariffs on US products and promised to add more if talks fail. Recently, Prime Minister Carney also removed a tax on large US tech companies after Trump called it unfair. Carney said this was done as part of bigger trade talks between the two nations.

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