President Trump made another major tariff announcement yesterday, declaring a 35% rate on most Canadian imports effective August 1st. The president posted a letter to Canadian Prime Minister Mark Carney on Truth Social, warning of even higher tariffs if Canada retaliates with levies of their own. Trump also wrote, "If Canada works with me to stop the flow of fentinil, we will perhaps consider an adjustment to this letter." Prime Minister Carney responded in a post on X, writing in part, quote, "Canada has m ...