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Trump threatens a 35% tariff on Canadian goods, and other nations will be charged up to 20%
President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its most important trading partners. “Starting August 1, 2025, we will charge Canada a Tariff of 35% on Canadian products sent into the United States, separate from all Sectoral Tariffs,” Trump wrote in a letter posted to social media. NBC News also reported Thursday that Trump told “Meet the Press” moderator Kristen Welker that the remaining US trading partners that have not yet received trade letters or reached ... (full story)