35% Duty on Certain Canadian Imports Likely to Take Effect Aug. 1, US Warns

What’s Happening?

US Commerce Secretary Howard Lutnick issued a warning to Canada to cap off July.

During a Fox News interview, Lutnick claimed that a 35% duty on Canadian goods not covered by the Canada-US-Mexico Trade Agreement (CUSMA) is “surely in the cards” ahead of the Aug. 1 deadline imposed by President Donald Trump.

The warning comes as the US plans to move ahead with a 50% levy on certain copper imports.

SEE ALSO
• Canada Axes Digital Services Tax, US Trade Talks Resume
• Canadian Steelmakers Warning of Steeper Job Cuts During US Trade War
• Ottawa Unveils Suite of Business Relief Measures to Address Sweeping US Duties

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• Should I Negotiate My Own Severance Package in Ontario?
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