WASHINGTON — U.S. President Donald Trump on Thursday signed an executive order increasing tariffs on Canadian goods to 35 per cent from 25 per cent on all products not covered by the U.S.-Mexico-Canada trade agreement, the White House said.
Goods transshipped to another country to evade the new tariffs will be subject to a transshipment levy of 40 per cent, according to a White House fact sheet.
The increased tariff, which the White House said was the result of Canada’s “continued inaction and retaliation,” comes after Trump told reporters that Prime Minister Mark Carney reached out ahead of an Aug. 1 tariff deadline, but no conversations between the two took place.
… Earlier on Thursday, Trump said it would be “very hard” for the U.S. and Canada to strike a deal after Ottawa moved toward recognizing Palestinian statehood. He said later on Thursday, however, that he did not view the move as “a deal breaker” in trade talks.
MAJOR BREAKING – NO DEAL FOR CANADA
"The letter is sent. 35% Tariffs"
Lutnick calls Carney "tone deaf" for recognizing Palestine this week
says DAIRY and COUNTER-TARIFFS are the sticking point.
ITS OFFICIAL — Carney is the WORST negotiator on planet earth. pic.twitter.com/r3wisf5zZC
— Tablesalt (@Tablesalt13) July 31, 2025
