WASHINGTON (AP) — U.S. President Donald Trump has raised the tariff rate on U.S. imports from Canada to 35% from 25%, effective Friday. The announcement from the White House late Thursday said Canada had failed to do more to stop traffickers and illicit drugs. The rate applies to goods not covered by the U.S.-Mexico-Canada Agreement. Trump earlier had threatened to impose the higher tariff on Canada if no deal was reached by Friday, his deadline for reaching trade agreements with dozens of countries. Canadian Prime Minister Mark Carney said he was disappointed by Trump’s actions. He vowed to diversify Canada’s exports and said his government will try to minimize the impact and protect Canadian jobs.
Trump Orders A 35% Tariffs On Canada
August 1, 2025 5:06 am