Trump introduced a 35% tariff against Canada.

Donald Trump, the President of the United States, announced an increase in tariffs on imported goods from Canada from 25% to 35%. The decision was made after unsuccessful trade negotiations between the countries, reports Bloomberg. The new rate will take effect on August 1 of this year. It is also worth noting that Trump left an exception for goods covered under the free trade agreement between the USA, Mexico, and Canada, which he signed during his first term.

Additionally, the president signed a decree to raise tariffs on imported goods from Canada, which will take effect on August 1, from 25% to 35%. Trump also established a base tariff of 10% for some countries, but there is currently no information on which countries will be included in this list.