WASHINGTON: US President Donald Trump announced that a 35 per cent tariff will be placed on all imports from Canada beginning August 1, citing what he described as Canada's failure to curb the flow of fentanyl into the United States sufficiently.
In a letter addressed to Canadian Prime Minister Mark Carney and shared via his social media platform, Trump said the tariff could increase further if Canada responds with retaliatory measures.
He also left the door open for negotiation, stating, “If Canada works with me to stop the flow of fentanyl, we will, perhaps, consider an adjustment to this letter.” He added that the tariffs could be revised upward or downward depending on the evolving relationship between the two countries.