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Trump puts 35% tariff on Canada and eyes 15% to 20% tariffs for others

Canada will face a 35% tariff on exports to the United States starting Aug. 1, U.S. President Donald Trump said on July 9 in a letter to Canadian Prime Minister Mark Carney. AFP-Jiji
U.S. President Donald Trump said on Thursday the United States would impose a 35% tariff on imports from Canada next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners. 

In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on Aug. 1 and would go up if Canada retaliated.

The 35% tariff is an increase from the current 25% rate that Trump had assigned to Canada and is a blow to Carney, who was seeking to agree to a trade pact with Washington.

REUTERS

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