This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Trump threatens 35% tariff on Canadian items over harmful cross-border fentanyl dispute
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Economy > Trump threatens 35% tariff on Canadian items over harmful cross-border fentanyl dispute
Economy

Trump threatens 35% tariff on Canadian items over harmful cross-border fentanyl dispute

Editorial Board Published July 11, 2025
Share
Trump threatens 35% tariff on Canadian items over harmful cross-border fentanyl dispute
SHARE

‘The Huge Cash Present’ panel discusses Canada backing down because the White Home appears to restart commerce talks with the nation.

President Donald Trump is threatening to impose an extra tariff of 35% on Canadian items on Aug. 1, after accusing the U.S. neighbor to the north of failing to cease the stream of fentanyl into the nation and as an alternative retaliating with its personal tariffs.

In a letter to Canadian Prime Minister Mark Carney on Thursday that Trump posted on Fact Social, he mentioned it was a fantastic honor to ship a letter demonstrating the energy and dedication of the U.S. and Canada’s buying and selling relationship. However he additionally pointed to a relationship gone bitter, stating that the U.S. has agreed to proceed working collectively, regardless of Canada imposing tariffs towards the U.S.

“As you will recall, the United States imposed Tariffs on Canada to deal with our Nation’s Fentanyl crisis, which is caused, in part, by Canada’s failure to stop the drugs from pouring into our Country,” Trump wrote. “Instead of working with the United States, Canada retaliated with its own tariffs. Starting August 1, 2025, we will charge Canada a Tariff of 35% on Canadian products sent into the United States, separate from all Sectoral Tariffs.

Any goods shipped in a way that evades the 35% tariff, Trump said, will be subject to the higher tariff.

TRUMP ANNOUNCES SWEEPING 50% TARIFF ON BRAZILIAN IMPORTS STARTING AUG. 1

President Donald Trump meets with Canadian Prime Minister Mark Carney at the G7 summit in Kananaskis, Alberta, Canada, on June 16. (Reuters/Kevin Lamarque / Reuters)

“As you might be conscious, there might be no Tariff if Canada, or corporations inside your Nation, determine to construct or manufacture product inside america and, in actual fact, we’ll do all the things doable to get approvals rapidly, professionally, and routinely – In different phrases, in a matter of weeks,” the president said.

“If for any cause you determine to boost your Tariffs, then, regardless of the quantity you select to boost them by, might be added onto the 35% that we cost,” he continued.

TRUMP ANNOUNCES HIGHER TARIFF RATES FOR MORE COUNTRIES IN LETTERS PUBLISHED ON SOCIAL MEDIA

Mark Carney April 2025 rally

Mark Carney, Canada’s prime minister, speaks during a rally in Calgary, Alberta, Canada, April 8. (Gavin John/Bloomberg / Getty Images)

Trump then turned his attention to the “extraordinary Tariffs” Canada imposes on dairy farmers, which the president said is upwards of 400%, assuming U.S. farmers can sell their products to the people of Canada.

“If Canada works with me to cease the stream of Fentanyl, we’ll, maybe, think about an adjustment to this letter,” Trump wrote. “These Tariffs could also be modified, upward or downward, relying on our relationship together with your Nation. You’ll by no means be dissatisfied with america of America.”

TRUMP ANNOUNCES 25% TARIFFS ON JAPAN, SOUTH KOREA

Ontario Premier Doug Ford speaks

Ontario Premier Doug Ford responds to President Donald Trump’s new tariffs on imports from Mexico and Canada, in Toronto, Ontario, Canada, on March 4. (Reuters/Kyaw Soe Oo / Reuters)

Earlier this yr, President Trump imposed 25% tariffs on Canadian metal, vehicles and different items not coated below the U.S.-Mexico-Canada Settlement.

Canada retaliated by imposing $43 billion value of its personal tariffs towards the U.S.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Trump introduced the tariffs on his first day in workplace in January after declaring fentanyl deaths a nationwide emergency. 

He mentioned the drug makes its means from China to the U.S. by way of Mexican and Canadian imports. 

TAGGED:CanadiancrossborderDangerousdisputefentanylgoodstariffthreatensTrump
Share This Article
Twitter Email Copy Link Print
Previous Article San Jose Sharks commerce defenseman to Toronto Maple Leafs for Ryan Reaves San Jose Sharks commerce defenseman to Toronto Maple Leafs for Ryan Reaves
Next Article Prime Day Stay in 25: We’re Monitoring the Offers + Traits Prime Day Stay in 25: We’re Monitoring the Offers + Traits

Editor's Pick

Pleasure parade cancelled after being halted by pro-Palestinian protesters

Pleasure parade cancelled after being halted by pro-Palestinian protesters

Ottawa’s annual Pleasure parade was cancelled on Sunday after it was halted by a native pro-Palestinian advocacy group that blocked the…

By Editorial Board 5 Min Read
I Turned My Yard Right into a Nature Documentary With a Flock of Sensible Hen Feeders
I Turned My Yard Right into a Nature Documentary With a Flock of Sensible Hen Feeders

It additionally comes with further plastic flowers and just a little brush…

33 Min Read
Save 20 % on Our Favourite Earbuds for Android
Save 20 % on Our Favourite Earbuds for Android

Trying to improve your wi-fi earbuds with out reaching deep into your…

3 Min Read

Oponion

Schwab to launch new lively bond fund amid banner ETF 12 months

Schwab to launch new lively bond fund amid banner ETF 12 months

Pulte Capital CEO Invoice Pulte discusses the housing provide on…

November 5, 2024

Hertz Will Have to Wait for Teslas, Just Like Other Buyers

Tesla Inc. and Hertz Global Holdings…

November 4, 2021

Musk lastly will get put in his place by federal choose—for now

U.S. District Decide Colleen Kollar-Kotelly’s order…

February 7, 2025

How one can watch the 49ers vs. Broncos preseason opener

The San Francisco 49ers face the…

August 8, 2025

8 Most Snug Loafers for Males – Stress-free Fashion For 2025 | Fashion

We independently consider all really useful…

February 21, 2025

You Might Also Like

Trump asks court docket to permit elimination of Fed’s Lisa Prepare dinner instantly; choose units fast schedule
Economy

Trump asks court docket to permit elimination of Fed’s Lisa Prepare dinner instantly; choose units fast schedule

A choose will hear arguments within the Lisa Prepare dinner firing case because the Fed governor faces mortgage fraud allegations.…

7 Min Read
Fed’s favored inflation gauge reveals shopper value pressures remained elevated in July
Economy

Fed’s favored inflation gauge reveals shopper value pressures remained elevated in July

Former Kansas Metropolis Federal Reserve President and CEO Thomas Hoenig joins Mornings with Maria to debate Federal Reserve Chair Jerome…

2 Min Read
Mortgage charges fall to 10-month low
Economy

Mortgage charges fall to 10-month low

FOX Enterprise’ Gerri Willis studies on a rise in older Individuals renting on 'Varney & Co.' Mortgage charges fell to…

4 Min Read
US economic system grew at a quicker tempo in Q2 following Commerce Division revision
Economy

US economic system grew at a quicker tempo in Q2 following Commerce Division revision

Former J.P. Morgan Chase chief economist Anthony Chan discusses whether or not President Donald Trumps insurance policies will decelerate the…

2 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?