August 1, 2025
RED FM News Desk
U.S. President Donald Trump has followed through on his threat to increase duties on Canada, imposing 35% tariffs on Canadian goods starting Friday after a trade deal with Ottawa failed to materialize.
Prime Minister Mark Carney responded to the new tariffs, calling them disappointing but stating that Canada will continue to develop trade both domestically and overseas.
In a statement posted to X on Friday morning, Carney wrote, “While we will continue to negotiate with the United States on our trading relationship, the Canadian government is laser-focused on what we can control: building Canada strong.”
He added, “Canadians will be our own best customer, creating more well-paying careers at home, as we strengthen and diversify our trading partnerships throughout the world. We can give ourselves more than any foreign government can ever take away.”
Trump had signed an executive order Thursday evening to activate tariffs against 68 countries and the European Union. The White House has specified that the new 35% tariffs on Canadian exports, effective Friday, exclude products covered by the Canada-U.S.-Mexico trade agreement (CUSMA).
In his Friday statement, Carney noted that “the U.S. application of CUSMA means that the U.S. average tariff rate on Canadian goods remains one of its lowest for all of its trading partners.”
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