Canadian Prime Minister Mark Carney said Tuesday it may not be possible to escape U.S. tariffs even with a bilateral ...

Carney’s comments come after U.S. President Donald Trump threatened Canada, in a letter posted on Truth Social, to reach a trade agreement before August 1 or face higher tariffs of 35%.

The Canadian prime minister said it may not be possible to escape U.S. tariffs even with a bilateral agreement to resolve the current tariff row.

Trump announces a 35% tax on America’s No. 2 trading partner.

The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.