After brazil, US President donald trump has also imposed tariff on Canada. Trump announced on thursday that 35 percent tax will be imposed on goods imported from Canada. A letter has been shared on social media regarding this. The tariff will come into effect from August 1, 2025. Trump has called it a counterattack on Canada. He has cited the difficulties in trade as the reason for the tariff.
Trump expressed displeasure towards canada by issuing a letter on thursday evening. He said through the letter, "We will continue to trade with canada, but now trade will be done with new rules. canada imposes 400 percent tax on our dairy farmers, that too when permission is given to sell in Canada." trump raised an issue about the dairy sector and the supply of drugs like fentanyl in America. He believes that this sector is quite unbalanced.
Trump gave a big warning about Canada
Trump's tariff bomb is a big blow to Canada. Along with this, he has also warned Canada. Trump has said that if canada imposes any kind of retaliatory tariff on American imports, then America will take it further. Trump says that in case of retaliation, the tariff on Canada can increase more than 35 percent.
50 percent tariff has already been imposed on Brazil
Trump had imposed tariff on brazil before Canada. He had announced a 50 percent tax. Brazilian President Luiz Lula da Silva had warned of economic retaliation regarding this. Lula said that retaliation will be taken if the tariff is increased. Trump has dropped tariff bombs on many countries of the world this week. These include Japan, south korea and Sri Lanka.
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