Washington, D.C. – In a fiery move that could escalate trade tensions, former U.S. “The Trump administration will impose 35% tariffs on Canadian goods beginning August 1, according to an official announcement.”
The surprise declaration comes just days before a critical deadline for a new trade deal between the two nations.
“In a Truth Social announcement, former President Trump revealed plans to impose 35% tariffs on Canada alongside proposed 15-20% duties on other trading partners. The unexpected move prompted immediate concern from Canadian business leaders and a firm response from Prime Minister Mark Carney pledging defensive measures.”
Why Is Trump Hitting Canada with New Tariffs?
Trump’s latest salvo isn’t just about trade—it’s personal. In his letter, he accused Canada of:
✔ Failing to intercept 99.8% of U.S.-bound fentanyl (per CBP data)
✔ Unfair dairy tariffs hurting American farmers
✔ Running a trade surplus against the U.S.
“If Canada works with me to stop the fentanyl flow, maybe we adjust these tariffs,” Trump warned. “But if they retaliate, the taxes go even higher.”
Canada’s Fight Back – Will There Be a Trade War?
Canada isn’t backing down. PM Carney fired back on X (Twitter), insisting Canada has made “real progress” in combating fentanyl and will defend its economy.
🔹“Canada’s economy faces severe disruption as 3 out of every 4 export dollars depend on U.S. trade – putting hundreds of thousands of auto and metal industry jobs at immediate risk.”
🔹 Retaliatory tariffs are already in place, with more threatened if no deal is reached.
🔹 Trump’s previous tariffs (25% on steel, 50% on aluminum) already hurt Canada hard.
Is Mexico Next? What About Europe?
Trump didn’t stop at Canada—he also promised new EU tariffs soon, adding to his global trade crackdown.
✔ 50% tariff on foreign aluminum & steel
✔ 25% tax on non-U.S. cars & trucks
✔ Upcoming 50% copper import tax
The Bigger Picture: Who Wins This Trade War?
With U.S.-Canada trade talks collapsing, businesses on both sides fear chaos.
✔ Canadian firms are scrambling for certainty.
✔ U.S. consumers may face higher prices.
✔ Mexico & China could gain if Canada shifts trade away from the U.S.
Final Verdict: Will Trump’s Tariff Gamble Backfire?
As the July 21 deadline looms, one thing is clear: Trump isn’t bluffing. If Canada retaliates, this could spiral into a full-blown North American trade war—with no winners in sight.
What’s Next?
🔴 Will Canada strike a last-minute deal?
🔴 Will Trump escalate tariffs further?
🔴 How will this impact YOUR wallet?
Stay tuned—the trade war showdown is just getting started.
Why This Matters to You
✅ Higher prices? Tariffs could make Canadian imports (like maple syrup, cars, and lumber) more expensive.
✅ Stock market impact? Trade wars often trigger market volatility.
✅ Jobs at risk? Canadian and U.S. workers in affected industries could face layoffs.
What do YOU think? Should Canada fight back or negotiate? Drop your thoughts below!
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