NEW: Canada Hit With Extra Tariffs as De Minimis Ends

Trump tightens the clamp on Canadian imports and sets the stage for aggressive new enforcement. Here's what you can still do — while the window remains open.

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Dear friends

Sorry this post has taken a little longer than expected to reach you. Just as I published my last update, I realised that on 31 July, Trump had quietly dropped another complex and highly strategic Executive Order. Two, in fact — but so far, I’ve only had the opportunity to unpack this one.

Amendment to Duties to Address the Flow of Illicit Drugs Across Our Northern Border

This new EO expands on Trump’s existing trade penalties on Canada. While it’s framed as a response to the flow of fentanyl and other illicit drugs across the northern border, the structure, scale, and tone of the order suggest something broader and more political is at play.

The order increases tariffs on Canadian goods already penalised under earlier executive orders, and lays down extraordinary punishments for goods deemed to be avoiding those tariffs through t…