The True Post(Web News) US President Donald Trump has taken a major economic step and announced that he will impose a 35% import tax (tariff) on all products imported from Canada from August 1, 2025.
The move comes as Trump is once again making his “America First” policy the center of attention during his election campaign. President Trump said in a statement released on social media last night that the new tariff would be in addition to all existing sectoral tariffs, meaning it would put an additional burden on Canadian products. He said that protecting the American market and strengthening domestic industries is his top priority. Trump added, “We will also impose a general rate of tax on all other countries, which could be up to 15 or 20 percent, provided that we do not have trade agreements with these countries. We are starting to work on that now.”
Warning letters to more than 20 countries
According to sources, President Trump has sent letters to more than 20 countries in recent weeks, making it clear that if they do not reach a trade agreement with the United States by August 1, 2025, heavy tariffs will also be imposed on their exports. These letters warn the countries in question that free access to the US market will not be possible without a trade agreement.
Impact on global trade
Economists say that President Trump’s policy could strain trade relations not only with Canada but also with other close allies. If these decisions are implemented, they will have far-reaching effects on global trade and the US import market.
Canada’s response?
There has been no official response from the Canadian government to this announcement, but it is likely that Ottawa will discuss the issue with US officials in the next few days. According to trade experts, Canada may also challenge this move at the World Trade Organization (WTO).
