US President Donald Trump has announced that all imports from Canada will have a 35% tariff as of August 1. He sent a letter to the country’s president, Mark Carney, informing him of the new rate, which has also been posted on his Truth Social account.

Goods imported from both the European Union and Mexico will face a 30% U.S. tariff rate starting August 1, U.S. President Donald Trump said in letters posted to his social media platform on Saturday.

In a letter released on his social media platform, Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on August 1 and would go up if Canada retaliated. The 35% tariff is an increase from the current 25% rate that Trump had assigned to Canada and is a blow to Carney,

Jensen Huang will meet President Donald Trump at the White House, a day before the chip designer's head plans to visit China.

In an interview with USA TODAY, Jensen Huang, CEO of the world's most valuable company NVIDIA, discussed President Trump's tariffs and manufacturing.

A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.