Donald Trump has rolled out a range of new tariffs around the world - including a 35 per cent levy on Canada.

On Thursday evening in Washington, the President confirmed a host of countries would be issued tariffs, with some as high as 41 per cent.

Canada - which had been targeted in March this year shortly after Trump returned to office - was handed some stern words as it faced new fees, effective from August 1.

"In response to Canada's continued inaction and retaliation, President Trump has found it necessary to increase the tariff on Canada from 25 per cent to 35 per cent to effectively address the existing emergency," the White House said.

That came thanks to the country's failure to act on the "illicit drug crisis" flooding America's borders, it added.

But Britain was handed the lowest rate of all the countries listed, securing a 10 per cent duty - the same as it did when Trump rolled out his "Liberation Day" tariffs.