The “Great Show for Money” panel discusses Canada’s support, as the White House is trying to restart trade talks with the country.
President Donald Trump It threatens to impose an additional 35% tariff on Canadian products on August 1, after accusing the US neighbor to the north of the failure to stop the fentanyl flow in the country and instead avenge its own tariffs.
In a letter to Canadian Prime Minister Mark Carney on Thursday, Trump posted The truth is socialHe said it is a great honor to send a letter showing the power and dedication of the United States and CanadaTrade. But he also pointed to the acid -lacking link, saying the United States had agreed to continue working together, despite Canada imposing tariffs against the United States.
“As you will remember, the United States has imposed tariffs for Canada to cope with the fentanyl crisis of our nation, which is partly caused by Canada’s failure to prevent the drugs from flowing into our country,” Trump wrote. “Instead of working with the United States, Canada retaliated with its own tariffs. Starting on August 1, 2025, we will charge Canada Tariff of 35% of Canadian products sent to the United States, separated from all sector tariffs.
Anything goods delivered In a way that avoids the 35%tariff, Trump said, will be subject to a higher tariff.
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President Donald Trump meets with Canadian Prime Minister Mark Carney at the G7 summit in Kananaskis, Alberta, Canada on June 16. (Reuters / Kevin Lamark / Reuters)
“As you are aware, there will be no Tariff if CanadaOr companies in your country, they decide to build or produce a product in the United States and, in fact, we will do everything possible to obtain approvals quickly, professionally and routine – in other words, for a few weeks, “the president said.
“If for any reason, you decide to raise your tariffs, then, regardless of the number you choose to lift, it will be added to 35% we charge,” he continued.
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Mark Carney, prime minister of Canada, speaks during a rally in Calgary, Alberta, Canada, April 8. (Gavin Johnon / Bloomberg / Getty Pictures)
Trump then turned attention to “extraordinary tariffs” Canada imposes on dairy farmers, which the president said it was up to 400%, assuming US farmers could sell their products to Canada.
“If Canada works with me to stop Fentanyl’s flow, we may, maybe, think about adjusting this letter,” Trump wrote. “These tariffs can be changed, up or down, depending on our relations with your country. You will never be disappointed with the United States.”
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Ontario Doug Ford’s Prime Minister responds to President Donald Trump’s new tariffs on imports from Mexico and Canada, Toronto, Ontario, Canada on March 4. (Reuters / Kyaw SOE OO / Reuters)
Earlier this year, President Trump imposed 25% Tariffs for Canadian SteelCars and other goods not covered under the US-Mexico-Canada agreement.
Canada retaliated by imposing $ 43 billion in tariffs against US
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Trump announced his tariffs on his first day in January after declaring fentanyl’s deaths as an emergency.
He said the drug is making the way from China to the United States by importing Mexican and Canadian.
Fox Newsuz’s Charles Crezz contributed to this report.
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