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  Economy  Trump announces 35% tariffs on Canada starting Aug. 1
Economy

Trump announces 35% tariffs on Canada starting Aug. 1

AdminAdmin—July 11, 20250

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U.S. President Donald Trump and Canada’s Prime Minister Mark Carney talk during a family photo at the G7 Summit in Kananaskis, Alberta, Canada, June 16, 2025.

Amber Bracken | Reuters

U.S. President Donald Trump Thursday stateside announced a 35% tariff on Canadian imports, starting Aug. 1, citing Ottawa retaliating with tariffs against Washington.

“Instead of working with the United States, Canada retaliated with its own Tariffs,” Trump said in his letter to Mark Carney, prime minister of Canada, posted on Truth Social.

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