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in Economy
July 11, 2025

Trump imposes a 35% tariff on Canadian exports, escalating the trade confrontation.

Trump’s Tariffs Slow Down the Global Economy
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Trump Imposes 35% Tariffs on Canadian Exports, Escalating Trade Confrontation

On Thursday, July 10, U.S. President Donald Trump announced new tariffs of 35% on Canadian products exported to the United States, a provocative move that forms part of a series of punitive actions targeting trade partners deemed “unfair.”

In a message directed to Canadian Prime Minister Mark Carney, published on his platform Truth Social, Trump accused Ottawa of responding to U.S. sanctions by imposing counter-tariffs instead of seeking dialogue. He warned that these tariffs “are subject to adjustment up or down depending on the evolution of relations with Canada,” indicating that they would take effect starting August 1, 2025.

In a swift response, Prime Minister Carney confirmed via X that his government “will continue to unrelentingly defend Canadian workers and businesses,” while adhering to negotiations until the implementation date.

The new tariffs affect critical sectors such as steel, aluminum, and the automotive industry, though some products may be exempted under the Canada-United States-Mexico Agreement (CUSMA).

This decision is part of a broader escalation involving more than 20 countries since the beginning of the week, as the U.S. administration imposed additional tariffs ranging from 15% to 50% on imports from Asian and Latin American countries, including Brazil, which faced an unprecedented 50% rate.

Although the direct economic impact of these measures is still being assessed, statistics from Canadian authorities indicate a slight decline in the U.S. share of Canadian exports, which dropped to 68.3% in May, one of the lowest recorded levels.

These developments highlight that the issue of trade sovereignty has become a politically sensitive topic on both sides of the border, with no clear signs of achieving a lasting settlement in the near future.

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Tags: aluminumCanadaeconomicescalationexportsgovernmentpolicytariffstradetrump

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