WASHINGTON, 10 July 2025 — On Thursday, U.S. President Donald Trump declared that, starting August 1, 2025, all Canadian imports will be subject to a 35% tariff. The decision was made public through Trump’s social media account, Truth Social, in a letter to Canadian Prime Minister Mark Carney. In the event that Canada retaliates, Trump threatened to increase the tariff even further.
The Trump administration’s broad initiative to re-establish international commercial links includes this most recent action. Trump announced sweeping tariffs of 15% to 20% on the majority of other trading partners, citing historical trade deficits, in addition to the high duty on Canada.
Trump stated that nations that have not yet been directly contacted should still anticipate tariffs in an interview with NBC News that was also released on Thursday. “Not everyone must receive a letter,” he stated. “We are merely establishing our tariffs. We will state that all of the remaining nations will contribute, whether it be 15% or 20%.
More Countries Targeted
New tariffs against a number of countries were also confirmed by the White House:
- 30% tariffs on products originating from Libya, Iraq, Sri Lanka, and Algeria
- 25% import tax on goods from Moldova and Brunei
- 20 percent tax on Philippine-made goods
Additionally, a national security study highlighting the strategic significance of copper for American manufacturing and construction will support the implementation of a 50% duty on copper imports on August 1.
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Brazil Targeted Amid Political Tensions
Trump declared a 50% duty on all Brazilian imports on Wednesday, implying that it was a reaction in part to what he called a political “witch hunt” against Jair Bolsonaro, the former president of Brazil and a Trump friend who is presently on trial for allegedly trying to stage a coup.
In response, Brazilian President Luiz Inácio Lula da Silva made a strong statement, declaring that his country will strike back and “will not accept being abused by anyone.”
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A Broader Trade Shift
The announcement brings an end to a week of increasingly aggressive trade actions involving over 20 nations. Trump has justified the broad tariffs by pointing to a 1977 emergency economic powers statute, claiming that persistent trade imbalances pose a threat to the United States.
Global markets and U.S. companies, especially those that depend on copper and foreign supply networks, are preparing for economic consequences and possible retaliatory actions as the August 1 deadline draws near.