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Trump raises tariffs on Canadian imports to 35%, escalating trade tensions

Invezz Friday, 11 July 2025 ()
Trump raises tariffs on Canadian imports to 35%, escalating trade tensionsUS President Donald Trump announced a sweeping new 35% tariff on Canadian imports, escalating trade tensions between the two countries ahead of a planned resumption of bilateral talks. The new tariffs will take effect on August 1, according to a letter Trump posted Thursday on his Truth Social platform. The latest move adds to a […]
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Video Credit: Oneindia - Published
News video: Trump slaps 35% tariff on Canada—Carney fires back as trade war threatens to explode before August 1

Trump slaps 35% tariff on Canada—Carney fires back as trade war threatens to explode before August 1 03:37

Tensions between the U.S. and Canada are boiling over as President Donald Trump announces a massive 35% tariff on Canadian imports, set to take effect August 1. Canadian Prime Minister Mark Carney vows to protect workers and industries, warning of strong retaliation. With Trump linking the tariffs to...

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