U.S. President Donald Trump announced he will impose 35% tariffs on all Canadian goods starting August 1st, increasing from the current 25%. The tariffs are ostensibly aimed at pressuring Canada to address fentanyl trafficking, though the letter did not mention exemptions for goods complying with free trade agreements. These are separate from existing sectoral tariffs.
Trump announces 35% tariffs on all Canadian goods starting Aug. 1
Canada
AI Summary
TL;DR: Key points with love ❤️U.S. President Donald Trump announced he will impose 35% tariffs on all Canadian goods starting August 1st, increasing from the current 25%. The tariffs are ostensibly aimed at pressuring Canada to address fentanyl trafficking, though the letter did not mention exemptions for goods complying with free trade agreements. These are separate from existing sectoral tariffs.
Trending- 1 Donald Trump announced increased tariffs on Thursday evening
- 2 Tariffs to start on August 1st
- Increased economic pressure on Canada
- Potential impact on U.S.-Canada trade relations
- Uncertainty regarding free trade agreement exemptions
What: U.S. President Donald Trump announced an increase in tariffs on all Canadian goods from 25% to 35%.
When: Thursday evening (July 10th, 2025), effective August 1st.
Where: United States (imposing), Canada (affected). Announcement made via Truth Social.
Why: To pressure Canada to do more to address U.S. complaints about fentanyl trafficking.
How: Donald Trump posted a letter on his social media site Truth Social.