Breaking: Trump Announces 35% Tariffs on Canadian Imports, Effective August 1st

Breaking: Trump Announces 35% Tariffs on Canadian Imports, Effective August 1st

Breaking: Trump Announces 35% Tariffs on Canadian Imports, Effective August 1st

Wooden letter blocks spelling tariffs, China, and USA representing trade relations.
Photo by Markus Winkler on Pexels

Former President Donald Trump has announced a new 35% tariff on all imports from Canada, set to begin on August 1, 2025. The declaration includes a warning that even higher levies could be imposed if Ottawa retaliates against the new trade measures.

This significant economic move immediately impacted financial markets, with stock futures falling following the announcement, as investors reacted to the potential for escalating trade tensions between the two nations.

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