Trump’s Tariff Threat: Canada on Notice

Former US President Donald Trump issued a stark warning to Canada on July 10, 2025. His letter threatened retaliatory tariff hikes should Canada increase its own tariffs on American goods.

The letter, the contents of which have been made public, details Trump’s intention to match any Canadian tariff increase. This represents a significant escalation of potential trade tensions between the two North American neighbours.

The timing of this threat is particularly noteworthy, given ongoing discussions regarding trade agreements and economic relations. Experts are closely monitoring the situation for any further developments.

This potential trade war could significantly impact both economies, affecting various sectors and potentially impacting consumers on both sides of the border. The coming days will be crucial in determining whether cooler heads prevail or if a full-blown trade dispute erupts.