On Thursday, July 10th, United States President Donald Trump used his Truth Social platform to publish a letter to Prime Minister Mark Carney in which he promised a blanket 35 percent tariff on Canadian goods effective August 1, 2025.
Some media sources are reporting that the tariff will only apply to goods that are not compliant with the Canada United States Mexico Agreement (CUSMA), although this was not specified in President Trump’s letter. The tariff was said by the President to be justified by Canada’s “failure” to prevent drugs like fentanyl from being smuggled into the U.S.
Canada and the U.S. have extended the deadline to reach a trade deal to August 1st, from an original deadline of July 16th (and later extended to July 21st). President Trump has issued a spate of letters via the Truth Social platform to announce tariff rates to be applied to various countries on August 1st unless an acceptable trade deal is reached.