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'They have to pay a fair rate': Trump hikes tariff on Canada from 25% to 35%; here’s why

IndiaTimes Friday, 1 August 2025
President Trump has escalated trade tensions by imposing a 35% tariff on Canadian imports, citing concerns over fentanyl and Palestine's statehood recognition. This action, effective August 7, excludes goods under the US-Mexico-Canada agreement and includes a transshipment levy.
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Video Credit: Oneindia - Published
News video: Trump SLAPS 35% Import Tariff On Canada, Citing Ottawa’s Failure To Curb Fentanyl Flow Into U.S

Trump SLAPS 35% Import Tariff On Canada, Citing Ottawa’s Failure To Curb Fentanyl Flow Into U.S 03:35

 U.S. President Donald Trump has ignited a global trade storm by raising tariffs on Canadian imports to 35%, accusing Ottawa of failing to curb fentanyl and drug flows into America. Prime Minister Mark Carney defended Canada’s efforts, but Trump claimed negotiations fell short. The new rate—up...

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