Trump to Impose 35% Tariffs on Canadian Goods as Trade Negotiations Stall.

President Trump announced a bold 35% tariff on Canadian imports starting August 1, aiming to protect American manufacturing and pressure Canada to stop fentanyl trafficking while strengthening U.S. leverage in trade talks. His decisive action underscores a commitment to American jobs and border security, putting pressure on trading partners to invest directly in the U.S. economy rather than retaliate with counter-tariffs.