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BTCC / BTCC Square / Global Cryptocurrency /
Trump Announces 35% Tariff on Canadian Goods, Escalating Trade Tensions

Trump Announces 35% Tariff on Canadian Goods, Escalating Trade Tensions

Author:
Global Cryptocurrency
Published:
2025-07-11 06:47:02
12
3
BTCCSquare news:

President Donald TRUMP unveiled a sweeping 35% tariff on Canadian imports effective August 1, marking a dramatic rupture in decades of trade cooperation between the two nations. The move targets critical sectors including automotive, lumber, and agriculture—though no product exemptions were specified.

This policy shift threatens the $2 billion daily cross-border trade FLOW underpinning deeply integrated supply chains. Trump's protectionist stance extends beyond North America, with NBC interviews revealing plans for 15-20% blanket tariffs on unspecified nations.

|Square

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