US President Donald Trump has announced that all imports from Canada will have a 35% tariff as of August 1. He sent a letter to the country’s president, Mark Carney, informing him of the new rate, which has also been posted on his Truth Social account.

Canada and Mexico’s recent actions have sent shockwaves through the U.S. economy, and Washington wasn’t ready. What was meant to reinforce U.S. influence has triggered a calculated response from its closest neighbors.

Trump threatened to escalate tariffs beyond 35% if Canada opts to retaliate with tariffs on U.S. goods. Canadian goods are also subject to sector-specific tariffs, such as 50% levies on steel and aluminum as well as 25% tariffs on non-USMCA compliant autos and auto parts.

Sheinbaum addressed new U.S. tariffs on Canada, shared plans for a National AI Laboratory and reflected on the role of La Malinche.

U.S. President Donald Trump announced plans to impose new 30% tariffs on Mexico and the European Union effective from Aug. 1, launching the latest salvo in his ongoing trade war.

An Indian trade delegation has also reached Washington for fresh talks on a trade deal with the United States.

If implemented, Trump's new 35 percent duties will be "separate from all Sectoral Tariffs," such as the 50 percent tariff on steel and aluminum imports. Trump also promised that, if Canada raises its own tariffs in response, then "whatever number [Canada chooses] to raise them by, will be added onto the 35% that [the U.S. charges]."

President-Musk shutdown scandal keeps escalating. Meanwhile, President’s tariff moves toward Mexico and Canada just got paused.