Trump slaps 35% tariff on Canada—Carney fires back as trade war threatens to explode before August 1
Video Credit: Oneindia - Duration: 03:37s - Published
Trump slaps 35% tariff on Canada—Carney fires back as trade war threatens to explode before August 1
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 Canada’s fentanyl response and trade imbalances, Carney dismisses the accusations and pledges to stand firm.
Is North America heading toward a full-blown trade war?
U.S Escalates Global Trade War: U.S. President Donald Trump has announced a sweeping 35% tariff on Canadian imports starting August 1st — warning that the rate will increase if Canada retaliates. In a fiery letter sent to Canadian PM Mark Carney via social media, Trump doubled down on his protectionist policies, also targeting U.S. allies like Japan and South Korea with blanket tariffs ranging from 15% to 20%. Copper imports have been hit with a staggering 50% duty.
Global markets are rattled. Allies are on edge. Is this the return of full-blown tariff wars? Or a strategic push to revive American manufacturing?
Canadian officials have vowed to protect workers. But will this trigger a broader trade showdown?
#TrumpTariffs #TradeWar #USCanada #MarkCarney #GlobalTradeCrisis #CopperTariff #USJapan #TradeWar2025 #EconomicNews #BreakingNews #USPolitics #DonaldTrump #Protectionism #TariffWar #CanadaUS
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Tensions flared at the G7 summit in Canada as U.S. President Donald Trump launched into an unfiltered rant about mass deportations, only to be abruptly cut off mid-speech by Canadian Prime Minister and G7 chair Mark Carney. As Trump accused Democrats of using "millions of illegal immigrants to cheat in elections," Carney stepped in and ended the press conference, prompting a wave of reactions across social media.
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