Jul 11
Economy
Trump Slaps 35% Tariff on Canadian Imports, Warns of More to Come
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President Trump has announced a 35% tariff on all Canadian imports starting August 1, citing fentanyl concerns and what he calls unfair trade practices by Ottawa. He warned that any Canadian retaliation would trigger even higher duties. Prime Minister Mark Carney pushed back, defending Canada’s efforts to combat fentanyl and vowing to protect Canadian workers. The move escalates already tense trade relations, as both countries prepare to resume negotiations ahead of the August deadline.
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