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US President Donald Trump on Thursday, 11 July, announced a 35% tariff rate for goods imported from Canada, starting August 1.
Donald Trump on Thursday said that he planned to impose blanket tariffs of 15% or 20% on most trade partners, adding that the European Union and Canada could receive tariff letters by Friday.
“Not everybody has to get a letter. You know that. We’re just setting our tariffs,” Trump told NBC News.
“We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%. We’ll work that out now,” Trump was quoted as saying by the network.