Trump Announces 35% Tariffs on Canada Starting Aug. 1
Trump Announces 35% Tariffs on Canada Starting Aug. 1
On July 31st, U.S. President Donald Trump announced a 35% tariff on Canadian imports, set to take effect on August 1st. This move is in response to Canada's lack of action in preventing the flow of fentanyl into the United States, a powerful and deadly opioid. The tariffs will also serve as retaliation for Canada's own tariffs on U.S. goods. This decision is part of Trump's ongoing efforts to strengthen trade policies and bring manufacturing jobs back to the United States. However, the implementation of these tariffs has sparked concern and controversy, as they may have negative impacts on businesses and consumers in both countries.
