President Donald Trump has announced an additional 35% tariff for Canada that will go into effect on August 1 with considerations for an adjustment if “Canada works with me to stop the flow of Fentanyl.”
Trump has sent out a number of letters to several different countries announcing his tariff intentions over the last few days.
“Starting August 1, 2025, we will charge Canada a Tariff of 35% on Canadian products sent into the United States, separate from all Sectoral Tariffs,” Trump wrote in a letter to Canadian Prime Minister Mark Carney posted to social media.
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The president’s tariffs on Canada will be some of the most impactful for U.S. consumers, as border states share energy and other things with the country. He said that if
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