US President Donald Trump announced on Saturday, October 25, 2025, that he will increase tariffs on Canada by 10% above the current rates. This decision marks a significant change in trade policy between the two nations.
The announcement was made during a press briefing, where Trump emphasized the need for adjustments in trade agreements. The specifics of the implementation timeline and the products affected by the tariff increase have not yet been disclosed.
This move comes amid ongoing discussions about trade relations and economic policies. The increase in tariffs may have implications for various sectors, including agriculture and manufacturing, which rely heavily on cross-border trade with Canada.
For more information on related economic developments, see our coverage on 40 million Americans to lose SNAP benefits starting November 1st.
The announcement is part of Trump"s broader strategy to renegotiate trade deals and address perceived imbalances in international trade. Further details are expected to emerge as the administration outlines the next steps in this policy shift.
