The 35% blanket rate will apply in addition to these existing levies: 50% on steel and aluminum, 25% on autos, and a new 50% levy on copper starting August 1. Other Canadian imports already face a 25% tariff imposed earlier this year, with exemptions for goods compliant with the United States-Mexico-Canada Agreement. Canadian energy imports are subject to a 10% levy.
Trump warned that any Canadian retaliation would be met with further increases: “If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 35% that we charge.”
He also accused Canada of “many Tariff, and Non-Tariff, Policies and Trade Barriers, which cause unsustainable Trade Deficits against the United States … The Trade Deficit is a major threat to our Economy and, indeed, our National Security!”
In response, Prime Minister Carney defended Canada’s record on fentanyl and trade policy. “Canada has made vital progress to stop the scourge of fentanyl in North America,” he said on X. “We are committed to continuing to work with the United States to save lives and protect communities in both our countries.”
Carney said Canada would continue defending workers and businesses while pursuing talks before the August 1 deadline. The two countries are expected to resume negotiations on June 29, aiming for a deal by July 21 after Canada withdrew its digital services tax on US tech firms to restart trade discussions.