The United States has imposed a new 35% tariff on most Canadian imports, effective immediately, after President Trump signed an executive order citing concerns over drug trafficking and Canada's retaliatory trade actions.

While goods that qualify under the Canada–U.S.–Mexico Agreement (CUSMA) may be exempt, the full list of affected products is not yet clear. The move adds a new layer of uncertainty for North American supply chains — including those involving Italian manufacturers with operations or clients in Canada.

Tensions between Washington and Ottawa have grown in recent weeks, with disagreements spanning public health, defense spending, and foreign policy. Despite diplomatic efforts, no trade deal was reached before the deadline.

For Italian companies supplying industrial machinery or components to Canadian firms that export to the U.S., this could mean higher costs, delays, or rerouted operations. The development highlights the importance of diversifying trade strategies and monitoring regulatory changes across North America.