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Trump announces 35% tariffs on Canadian goods

Trump announces 35% tariffs on Canadian goods

US President Donald Trump has said he will impose a 35% tariff on Canadian goods starting August 1, even though the two countries were days away from a self-imposed deadline to reach a new trade deal.

The announcement came in the form of a letter published on Trump's social media platform, Truth Social, along with additional threats of blanket tariffs of 15% or 20% on most trading partners.

Canadian Prime Minister Mark Carney said his government will continue to protect Canadian workers and businesses as they work toward the new deadline.

Trump has sent more than 20 such letters to other US partners this week. He says he will soon announce new tariffs on the EU as well.

As in Canada's letter, Trump has pledged to implement these tariffs by August 1.

A blanket tariff of 25% has already been imposed on some Canadian goods, with the nation also being hit hard by Trump's global steel, aluminum and auto tariffs - although there is a current exemption for goods that comply with a North American free trade agreement.

It is not clear whether the latest tariff threat will also apply to goods covered by the Canada-United States-Mexico Agreement (CUSMA).

Trump has also imposed a 50% global tariff on aluminum and steel imports, and a 25% tariff on all cars and trucks not manufactured in the US.

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