WORLD
Trump slaps 35% tariff on Canadian imports from August 1, puts 15-20% on others
- IBJ Bureau
- Jul 12, 2025
US President Donald Trump ramped up his tariff assault on Canada, saying that the US would impose a 35 per cent tariff on imports next month. He also planned to impose blanket tariffs of 15 or 20 per cent on most other trading partners.
In a letter released on his social media platform, Mr Trump told Canadian Prime Minister Mark Carney that the new rate would go into effect on August 1 and would go up, if Canada retaliated.
In a post on the X late on Thursday, Mr Carney said that his government would continue to defend Canadian workers and businesses in their negotiations with the US, as they work towards that deadline.
The 35 per cent tariff is an increase from the current 25 per cent rate that Mr Trump had assigned to Canada and is a blow to Mr Carney, who was seeking to agree to a trade pact with Washington.
An exclusion for goods covered by the US-Mexico-Canada Agreement (USMCA) on trade was expected to stay in place, and 10 per cent tariffs on energy and fertiliser were also not set to change, though Mr Trump had not made a final decision on those issues, an administration official said.
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