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Trump Slaps 35% Tariff on Canada, PM Says Working on New Framework
The New Indian Express Shivamogga
|July 12, 2025
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.
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The Thursday letter to Canadian Prime Minister Mark Carney is an aggressive increase to the top 25% tariff rates that Trump first imposed in March after months of threats. Trump's tariffs were allegedly in an effort to get Canada to crack down on fentanyl smuggling despite the relatively modest trafficking in the drug from that country. Trump has also expressed frustration with a trade deficit with Canada that largely reflects oil purchases by America.
Diese Geschichte stammt aus der July 12, 2025-Ausgabe von The New Indian Express Shivamogga.
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