Trump Imposes 35% Tariff on Canadian Imports from August 1; 15%-20% Tariffs on Other Nations Under Consideration
🗓️ Date: July 11, 2025
📍By Meta Charcha News Desk
🇺🇸 What Happened?
In a major shift in trade policy, former U.S. President Donald Trump, who is currently running for re-election, has announced a 35% tariff on imports from Canada, starting August 1, 2025. This aggressive move comes as part of his campaign’s strategy to revive American manufacturing and reduce trade deficits.
Trump also hinted at the possibility of 15% to 20% tariffs on imports from other countries, though no official list has been released yet.
🇨🇦 Why Canada?
Trump accused Canada of “taking advantage of American workers and industries”, especially in sectors like automobiles, steel, and agriculture. The new tariff is expected to hit Canadian exporters hard and may lead to retaliatory action from Ottawa.
🌍 What About Other Countries?
Trump stated in a recent rally that “no country should get a free ride” and hinted at broader tariffs ranging from 15% to 20% on nations that have “unfair trade practices”. Experts believe countries like Mexico, China, and some European nations could be next.
📉 Economic Impact
- Short-term: Prices of Canadian goods in the U.S. may increase.
- Long-term: Potential trade war, supply chain disruptions, and global economic tensions.
Many economists are warning that such tariffs could lead to higher prices for consumers, supply shortages, and strained international relations.
🗣️ What Experts Are Saying
“This is classic Trump: bold, aggressive, and protectionist. It may appeal to voters in industrial states, but the economic risks are real,”
– Dr. Rachel Kim, Global Trade Analyst
🧠 Meta Charcha’s Take
This move is not just about economics — it’s political, strategic, and could shape global trade in 2025 and beyond. Whether it boosts American jobs or sparks a global trade war remains to be seen.
Stay tuned with Meta Charcha for more updates on global politics and economy.