Trump’s tariffs on Canada surge to 35%, targeting trade allies. U.S. expands duties to 70 countries, sparking inflation fears and global backlash
Trump’s tariffs on Canada have escalated to 35%, marking a bold shift in U.S. trade policy under former President Donald Trump.
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On Thursday, Trump announced steep tariff hikes on nearly 70 countries. While most take effect in a week, Canada faces immediate penalties.
The move follows Canada’s recent support for Palestinian statehood, a stance Trump condemned.
Trump stated, “That will make it very hard for us to make a Trade Deal with them,” signaling political motives behind the tariff spike.
Other countries, including Mexico, received short-term exemptions. However, Trump warned any goods rerouted to bypass tariffs would face a 40% penalty.
Trump’s tariffs on Canada form part of a wider effort to protect U.S. manufacturing. But economists warn of possible inflation and international fallout.
Legal challenges are already in progress, questioning the president’s use of emergency economic powers.
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As trade partners react, this 35% tariff hike signals a renewed era of economic nationalism.
