Tuesday, August 5, 2025
HomeBusinessTrump announces 35% of customs surcharge on Canadian products

Trump announces 35% of customs surcharge on Canadian products

Meanwhile,

Trump announces 35% customs surcharge new:

 trump announces 35% customs surcharge new

Keystone-SDA

. Meanwhile, US President Donald Trump announced on Thursday that he was planning to impose 35% of customs from Canadian products from August 1. Consequently, A letter was sent to Ottawa. For example, Since Monday, he has sent more than 20 around the world. Therefore, – Trump announces 35% customs surcharge new

(Keystone-ATS) “Instead of working with the United States, Canada has retaliated with its own customs rights. From August 1. 2025, we will apply 35% customs duties in Canada exported to Canada exported trump announces 35% customs surcharge new to the United States, “wrote the 47th President of the United States of America in a letter to Canadian Prime Minister Mark Carney and shared on his social social network.

“These customs duties can be modified, upward or downwards, depending on our relationship with your country,” said Donald Trump.

As with each letter sent since Monday. the American president said that these customs duties will be added to those imposed on specific activity sectors, such as steel and aluminum or automobile. These are two of the main Canadian exports to the United States, Ottawa’s first trading partner.

A letter to the EU

A little earlier in the evening. Trump announced during a telephone interview with NBC that he intended to send a missive of the same order to the European Union (EU) “today or tomorrow”.

“I would like to do it today,” he said. “I chat with the EU which corresponds, as you know, trump announces 35% customs surcharge new to several countries, as well as with Canada. We should send them [les courriers, ndlr]in the coming hours ”.

About twenty countries have already received a letter of the same type since the start of the week. mainly Asian countries, with 25% applied to products from allies such as Japan or South Korea and up to 40% for certain Southeast Asian countries.

But it is Brazil. so far not targeted by surcharge beyond 10%, which has experienced the highest increase in customs duties applied to its products, the American president announcing 50% in response to the proceedings against the former Brazilian president, Jair Bolsonaro, accused of having made a coup attempt after his defeat against President Lula.

Initially, these individualized surcharges were to start being collected on July 9, after a previous postponement, but Mr. Trump signed a decree at the start of the week to postpone them on August 1.

In his letters, trump announces 35% customs surcharge new Mr. Trump assures that any response will be sanctioned by an additional surcharge of the same magnitude.

Further reading: Mark Zuckerberg upsets his business againA fine by SMS? Beware of scams!Carbon -free cement in concrete products of interbocs in Libramont: it is unheard of in BelgiumShipping 20 parallels | Browse vines by bike to better understand themPlease note, this trap potentially concerns 45 million French people.

piper.hayes
piper.hayes
Piper’s Chicago crime-beat podcasts feel like late-night diner chats—complete with clinking coffee cups.
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