U.S. President Donald Trump has intensified his trade war with Canada ahead of his August 1 deadline for a tariff agreement. Trump is set to impose a 35% tariff on all Canadian goods not covered by the U.S.-Mexico-Canada trade agreement if the two countries do not reach an agreement by the deadline. Canada, the second-largest U.S. trading partner after Mexico, is the largest buyer of U.S. exports and faces tariffs on steel and aluminum. Canadian Prime Minister Mark Carney previously said tariff negotiations with Washington had been constructive, but the talks may not conclude by the deadline. Carney’s government scrapped a planned digital services tax targeting U.S. technology firms after Trump abruptly called off trade talks. Canada plans to recognize the State of Palestine at a United Nations meeting in September, condemning the reality on the ground, including starvation in Gaza.
Trump escalates trade war with Canada following Palestine’s stance.
