Donald Trump issued a letter to Canadian Prime Minister Mark Carney, threatening a 35% tariff on certain products effective August 1. This unexpected announcement aims to exert pressure during ongoing trade negotiations between the U.S. and Canada. The new tariff targets products not covered by the United States-Mexico-Canada Agreement, which maintains current duties on automobiles and metals. Trump cited the national fentanyl crisis as a justification for the tariff, despite past criticisms of Canada regarding opioid trafficking.
Donald Trump announced a 35% tariff on certain Canadian products, effective August 1, which is seen as a pressure tactic amid trade negotiations, creating confusion in U.S.-Canada relations.
The White House confirmed that the new tariff would affect goods outside the United States-Mexico-Canada Agreement, maintaining existing tariffs on automobiles and metals.
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