Given that Canada’s retaliatory tariffs against the U.S. are having no discernible impact on the American economy and increase the cost of living for Canadians, what is the value of continuing them?

President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, the latest letter to a trade partner that threatens high rates.

President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.

We have always been very clear that we prefer a negotiated solution," said the president of the European Commission.

Meanwhile, Trump announced a 35% blanket tariff on imports from Canada, up from 25% announced in February, the ABC reported. Trump justified the tariffs as necessary to manage the opioid crisis, which he said was partly because of fentanyl being smuggled into the US from Canada.

The survey, commissioned by think tank MEI and conducted last month by Ipsos, reported 77% of respondents saying that Canada’s retaliatory trade tariffs – a counter to U.S. President Donald Trump’s tariffs against Canadian goods – are driving up the cost of everyday goods.