President Donald Trump announced a 35% tariff on goods from Canada, one of the USA's largest trading partners and which got hit with a higher rate than threatened for other close allies. The announcement July 10 came amid a flurry of letters going out this week dictating tariff rates for each of more than a dozen countries.

Trump announced the United States would impose new tariffs on imports from several additional countries as part of his drive to reduce the trade deficit and promote fair trade.