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Donald Trump threatens new tariffs on Canada

US president warns of imminent EU trade announcement and higher global rates for other nations

Donald Trump has said the US will impose a 35 per cent tariff on Canada at the start of August as he launches a fresh salvo against one of the country’s largest trading partners.

The US president sent a letter to Canada late on Thursday, following an interview in which Trump warned EU nations to expect a tariff announcement targeting the bloc “today or tomorrow”. He said countries that had not received a letter from him would face tariffs of 15-20 per cent.

“We’re just going to say all of the remaining countries are going to pay, whether it’s 20 per cent or 15 per cent. We’ll work that out now,” Trump told NBC News. Trump’s “reciprocal” tariffs are currently set at 10 per cent.

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