The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.

Trump wrote to Carney to inform him that, from August 1, Canada will face a 35 percent import tariff after the two sides failed to reach a deal during the recent pause. The American leader said he would consider revising the 35 percent tariff "if Canada works with me to stop the flow of Fentanyl".

Prime Minister Mark Carney says the deadline for a new economic and security deal between Canada and Ottawa has been pushed back a second time as U.S. President Donald Trump threatens to increase tariffs on Canadian products to 35 per cent.