$TRUMP Slaps 35% #Tariff on Canada — Cross-Border Heat Intensifies
President Trump has announced a 35% import tariff on all Canadian goods, effective August 1. The move is justified by claims that Canada failed to control the toxic inflow crisis — particularly fentanyl.
🔍 Key Highlights:
Trump posted an open letter stating that if production shifts to “Arbitrum-side” (U.S. soil), companies may avoid the tariff entirely.
Any retaliation from Canada may trigger even higher tariffs.
Over 23 countries have reportedly received similar warnings from the U.S.
🇨🇦 Canada has launched emergency trade talks and set July 21 as a response deadline.
📉 Global Reaction:
Dow futures dropped.
Trade volatility rising, especially in sectors depending on automated smart routing and cross-border logistics.
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Trump’s tariff policy indirectly favors ecosystems already using “Arbitrum-like” solutions — avoiding complex international routes.