Trump says Canada to face 35 percent tariff rate starting Aug 1

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  • Trump says Canada to face 35 percent tariff rate starting Aug 1
  • Trump says Canada to face 35 percent tariff rate starting Aug 1

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.  Canada and Mexico are both trying to find ways to satisfy Trump so that the free trade deal uniting the three countries - known as the USMCA - can be put back on track.

The United States-Mexico-Canada Agreement replaced the previous NAFTA accord in July 2020, after Trump successfully pushed for a renegotiation during his first term in office. It was due to be reviewed by July next year.

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