🎙️ Voice is AI-generated. Inconsistencies may occur.
Canadian Prime Minister Mark Carney has said he is “disappointed” by President Donald Trump‘s move to increase certain tariffs on Canada from 25 to 35 percent.
“President Trump has announced that the United States will increase its tariffs to 35 percent on those Canadian exports that are not covered under the Canada-United States-Mexico Agreement, or CUSMA,” Carney said in a statement posted on X.
“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.”
Trump announced the increase on Thursday, saying: “Canada has failed to cooperate in curbing the ongoing flood of fentanyl and other illicit drugs, and it has retaliated against the United States for the President’s actions to address this unusual and extraordinary threat to the United States.”
While Carney said that Canada would continue to negotiate with the U.S., he added: “Canadians will be our own best customer, creating more well-paying careers at home, as we strengthen and diversify our trading partnerships throughout the world.
“We can give ourselves more than any foreign government can ever take away by building with Canadian workers and by using Canadian resources to benefit all Canadians.”
Getty Images
This is a developing story. More to follow.