President Donald Trump on Thursday announced that he will impose a 35% tariff on goods imported from Canada starting August 1, and said he will raise the baseline tariffs on all trading partners from his previously announced 10% to 15-20% as he dismissed concerns about the impact of his levies on inflation and stock market.

Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2025/07/11/trump-says-he-will-impose-35-tariff-on-canada-baseline-tariffs-on-others-will-rise-to-15-20/

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