Trump announces 35% tariffs on Canadian imports, warns against retaliation

President Donald Trump has announced a 35% tariff on Canadian imports, set to take effect on August 1st, 2025. This move is part of Trump’s response to Canada’s retaliation and ongoing trade barriers. The tariff will apply to all Canadian products entering the United States. Trump has cited concerns about fentanyl smuggling through Canadian borders as a reason for the tariff. The announcement comes amid escalating trade tensions, with Trump having sent letters to 22 countries, including major US trading partners. The President has warned of higher tariffs if Canada retaliates. This development follows Trump’s recent visit to Canada for the G7 summit and his previous statements about working with Canada. The tariff announcement is seen as part of Trump’s broader strategy of using tariffs as a tool in foreign policy.