Read Carney’s full response to Trump’s 35% tariff on Canada
Global News
Prime Minister Mark Carney said the federal government would continue to negotiate with the U.S. while also working on building Canada's economy.
Prime Minister Mark Carney responded on Friday to U.S. President Donald Trump’s imposition of a 35 per cent tariff on some Canadian goods.
The 35 per cent tariff is an increase from a previously imposed 25 per cent duty and impacts goods not traded under the Canada-United States-Mexico Agreement on free trade.
Those under CUSMA are exempt from the tariff.
Here is the full transcript of Carney’s response, posted on Friday to X.
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President Trump has announced that the United States will increase its tariffs to 35% on those Canadian exports that are not covered under the Canada-United States-Mexico Agreement, or CUSMA.
While the Canadian government is disappointed by this action, we remain committed to CUSMA, which is the world’s second-largest free trade agreement by trading volume.
The U.S. application of CUSMA means that the U.S. average tariff rate on Canadian goods remains one of its lowest for all of its trading partners. Other sectors of our economy — including lumber, steel, aluminum, and automobiles — are, however, heavily impacted by U.S. duties and tariffs.
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