US Imposes 35% Tariff on Canada as Navarro Urges Fairer Trade Talks
Peter Navarro, a top trade advisor to the US President, has called on Canada to engage more constructively in trade negotiations. This comes hours after the WHITE House imposed a 35% tariff on Canadian imports—a 10-point increase from previous rates. The August 1 deadline looms, but Navarro hinted at flexibility: "There’s still room for dialogue if our partners come to the table in good faith."
The escalation reflects Washington’s hardening stance after months of stalled talks. Notably, products covered under the USMCA trade pact remain exempt—a carveout that underscores the deal’s strategic importance. Canadian Prime Minister Mark Carney’s team appears focused on damage control, seeking to prevent further tariff hikes rather than renegotiate terms.
