Trump, 35% tariff on imports from Canada - Reason, increased fentanyl trafficking and "unfair" trade practices
United States President Donald Trump announced a 35 percent tariff on imports from Canada starting August 1.
Trump posted a letter to Canadian Prime Minister Mark Carney on his social media platform Truth Social, criticizing Canada for retaliating against previous U.S. tariffs.
He said the new tax was partly driven by the flow of fentanyl coming from Canada, as well as alleged unfair trade practices. The US president added that he would "consider adjusting" the tariffs if Canada cooperated with the United States to stop the trafficking of fentanyl.
Trump used essentially the same wording in the letter as in more than 20 letters sent to leaders of other countries this week, including urging them to move their companies to the United States and lowering tariffs if they cooperate.
Trump said that overall tariffs of 15-20 percent would be imposed on most trading partners. "We're just going to say that all the remaining countries will pay, whether it's 20 percent or 15 percent. We'll figure that out now," Trump told NBC News in a telephone interview.
The Trump administration had previously imposed a 25 percent tariff on Canadian goods, but later exempted products covered by the U.S.-Canada-Mexico trade agreement.
Canadian Prime Minister Mark Carney responded to U.S. President Donald Trump's tariffs in a post on the X network. Carney said his government will continue to protect Canadian workers and businesses in their negotiations with the U.S.
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