In an NBC interview, President Trump announced a 35% tariff on Canadian goods starting August 1, 2025, escalating his "tariff war".
US President Donald Trump on Thursday announced that from August 1, 2025, Canada will have to pay a 35% tariff rate for goods it imports to the US. The announcement, made during an interview with NBC News, marks a major escalation in the "tariff war", which Trump describes as an effort to reshape America's position in global markets.
While Canada was singled out with a fixed rate, Trump hinted at a broader plan that could impact several of the United States' key trading partners.
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