Overview

• The 35 percent tariff on all Canadian imports takes effect August 1 and is separate from existing auto and metal duties
• A White House official says USMCA-compliant goods and certain energy and potash exports could remain exempt pending final presidential approval
• Trump cites Canada’s alleged failure to curb fentanyl trafficking and persistent trade deficits as justification and offers to adjust the rates if cooperation improves
• Prime Minister Mark Carney pledges to safeguard Canadian workers and businesses and to press for a favorable deal before the August 1 deadline
• The Canada letter is part of a broader campaign in which 23 countries have been warned of 20–40 percent tariffs without new trade agreements