Trump threatens 35% tariffs on Canadian goods

Tavsif:

Former US President Donald Trump has threatened to impose a 35% tariff on Canadian goods starting 1 August, along with broader tariff threats on other trade partners. The move comes as the US and Canada approach a deadline to finalize a new trade deal. Trump linked the tariff threat to trade imbalances and Canada’s alleged failure to stop fentanyl trafficking. Canadian Prime Minister Mark Carney vowed to protect Canadian businesses and workers, while negotiations continue, the BBC has reported. Canada has warned it will impose counter-tariffs if no deal is reached.