Skip to content
-
Subscribe to our newsletter & never miss our best posts. Subscribe Now!
Itfy.in

At Itfy, we are dedicated to revolutionizing the way you receive news. Our mission is to provide timely, accurate, and personalized news updates using cutting-edge AI technology. Stay informed, stay ahead with us.

Itfy.in

At Itfy, we are dedicated to revolutionizing the way you receive news. Our mission is to provide timely, accurate, and personalized news updates using cutting-edge AI technology. Stay informed, stay ahead with us.

  • Home
  • Sample Page
  • Home
  • Sample Page
Close

Search

  • https://www.facebook.com/
  • https://twitter.com/
  • https://t.me/
  • https://www.instagram.com/
  • https://youtube.com/
Subscribe
Home/News/Canadian PM Mark Carney Stands Firm Against Trump’s 35% Tariff: A Bold Stand for Justice Against Fentanyl Claims
News

Canadian PM Mark Carney Stands Firm Against Trump’s 35% Tariff: A Bold Stand for Justice Against Fentanyl Claims

By adminitfy
July 12, 2025 2 Min Read
0

Canadian Prime Minister Mark Carney has responded assertively to President Trump’s recent threat of a 35% tariff on Canadian goods, which is scheduled to take effect on August 1. In his statement, Carney highlighted that Canada has made “vital progress” in combating fentanyl trafficking, countering Trump’s claims that Canada is responsible for the opioid crisis in the United States. The U.S. president’s proposed tariffs, which mark an increase from prior 25% duties, are framed as punitive measures against Canada for allegedly allowing fentanyl to “pour” into the U.S.

Despite the escalating tensions, Carney emphasized the importance of collaboration between the two nations to “save lives” while asserting Canada’s commitment to defending its workers and trade interests. This latest tariff threat has stalled negotiations aimed at solidifying a U.S.-Canada trade deal, originally targeted for completion by July 21 but now pushed back to August 1.

Data from U.S. Customs and Border Protection contradicts Trump’s narrative, revealing only 31 pounds of fentanyl seized at the Canada-U.S. border this year-less than 0.1% of the total fentanyl seized in the United States. A staggering 99% of fentanyl entering the U.S. originates from routes through Mexico. Canada has allocated $950 million for border security since January and appointed a “fentanyl czar” to enhance cross-border responses to the crisis. Public health experts confirm that the majority of fentanyl trafficked into North America comes from Chinese labs, undermining assertions that Canada is negligent in addressing the issue.

Underlying the fentanyl controversy are long-standing trade grievances. Trump specifically mentioned Canada’s $63 billion trade surplus with the U.S. and took issue with Canada’s dairy tariff system, which protects domestic farmers. The tariff threats coincided with Canada’s retreat from a proposed 3% digital services tax that targeted U.S. tech giants, which Trump labeled as “a blatant attack.”

While the new tariffs will exempt goods under the USMCA trade agreement-accounting for 40% of Canada’s exports-they run the risk of increasing prices for lumber, machinery, and consumer goods. Carney reiterated his commitment to “defend our workers” while also aiming to expand trade relationships with the European Union and the United Kingdom.

As the August 1 tariff deadline approaches, uncertainty looms over global trade. This week, Trump issued more than twenty tariff threats, encompassing proposed 50% duties on Brazil and blanket 15-20% tariffs aimed at non-negotiating nations. Financial markets reacted cautiously, with the Canadian dollar slipping 0.3% against the U.S. dollar.

Carney’s administration is actively engaging in discussions with European Commission President Ursula von der Leyen and strategizing with new UK Prime Minister Keir Starmer to navigate the evolving trade landscape. As businesses prepare for potential disruptions, experts caution that Trump’s negotiating style-characterized by dramatic rhetoric and unexpected decisions-may inadvertently harm American consumers. A former U.S. trade official noted, “This risks collateral damage to American consumers,” highlighting the stakes involved in these ongoing trade tensions.

Original Source: https://www.livemint.com/news/us-news/canadian-pm-mark-carney-pushes-back-on-trump-s-35-tariff-over-fentanyl-claims-11752263014035.html
Category :
Tags:
Publish Date: 2025-07-12 01:26:00

Author

adminitfy

Follow Me
Other Articles
Previous

In this article, Sanjeev Sarma explores the transformative potential of AI-augmented workplaces, emphasizing the importance of integrating artificial intelligence to enhance productivity, foster innovation, and create personalized employee experiences. He discusses how AI can automate routine tasks, provide real-time data analytics, and support decision-making processes, thereby enabling a more efficient and dynamic work environment. Sarma also highlights the significance of upskilling the workforce to adapt to these technological advancements, ensuring that employees are equipped to thrive in an AI-enhanced workplace. By focusing on these strategies, Assam can position itself as a leader in embracing the future of work, creating a competitive edge in the global market.

Next

BJP Strikes Back: Unveiling the Truth Behind Opposition Claims

No Comment! Be the first one.

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

    Copyright 2026 — Itfy.in. All rights reserved.