The Prediction in Context

Source: www.whitehouse.gov

Goods transshipped to evade the 35% tariff will be subject, instead, to a transshipment tariff of 40%. This measure is part of President Trump's broader strategy to address the ongoing national emergency related to the influx of fentanyl and illicit drugs from Canada. The increased tariffs aim to hold Canada accountable for its failure to cooperate in curbing drug trafficking. The administration is determined to protect American lives and national security through these economic actions.