00:00U.S. President Donald Trump signed an executive order increasing the tariff rate on Canada from 25% to 35%,
00:07the White House said in a statement on Thursday.
00:10The higher tariff rate will go into effect on August 1st.
00:13Trump increased the tariff rate in response to Canada's continued inaction and retaliations
00:18around stemming the flow of fentanyl into the U.S., according to a fact sheet on the executive order.
00:24The White House said in response to Canada's continued inaction and retaliation,
00:28President Trump has found it necessary to increase the tariff on Canada from 25% to 35%
00:34to effectively addressing the existing emergency.
00:37Prior to the announcement of the 35% tariff rate,
00:40President Trump told reporters at a White House event that there had been no direct communication with Canada that day.
00:47He added that the administration would review the outreach and decide on next steps.
00:51Accordingly, Kanye's office did not immediately respond to a request for a comment.
00:55The Canadian leader previously said trade talks with Fon Shetan had been constructive,
01:00but the talks may not conclude by the deadline.
01:03Talks between the two countries were at an intense phase, he added,
01:06but a deal that would remove all U.S. tariffs was unlikely.
01:09And the end is, let's go back to where we started, which is, we are working ourselves.
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