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Al Jazeera
Al Jazeera
Business

Trump slaps 35 percent tariff on Canada starting August 1

US President Donald Trump's latest tariff threat against Canada came despite what had been warming relations between him and Canadian Prime Minister Mark Carney [File: Ludovic Marin/EPA]

President Donald Trump has announced that the United States would impose a 35 percent tariff on imports from Canada next month, while eyeing blanket tariffs of 15 or 20 percent on most other trading partners as he broadens his trade war.

In a letter released on his social media platform on Thursday, Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on August 1 and would go up if Canada retaliated.

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