President Donald Trump has announced a 35% tariff on all imports from Canada, reigniting a trade war with the United States‘ closest ally and one of its most important trading partners.
July 11 President Donald Trump has announced a 35% tariff on all imports from Canada, reigniting a trade war with the United States‘ closest ally and one of its most important trading partners, threatening to derail ongoing trade negotiations between the two.
Trump announced the tariffs in a letter to Prime Minister Mark Carney of Canada on Thursday, stating the new punitive measures will go into effect Aug. 1.
„If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, it will be added onto the 35% that we charge“ the American president threatened.
Trump claims the tariffs are in response to fentanyl being smuggled into the United States over its northern border, for which he has already imposed a 10% tariff on Canada.
In response, Canada vowed to increase border security.
Statistics from the Government of Canada show that fentanyl seizures by U.S. border officials at the Canada-U.S. border represent less than 0.
