Trump threatens 35% tariffs on Canadian goods

Trump threatens 35% tariffs on Canadian goods starting on 1 August, as trade tensions between the US and Canada escalate. This move follows existing tariffs on Canadian imports and is part of Trump's broader tariff strategy against various trade partners. Trump's letter to PM Mark Carney connects the tariffs to issues like fentanyl flow, dairy tariffs, and the trade deficit, with the possibility of adjustments depending on the relationship between the countries. Despite efforts to negotiate a new deal, Canada has imposed counter-tariffs on the US, indicating ongoing trade disputes between the two nations.