Trump announces new 50% tariff on Canadian cars, trucks and steel

Move is latest deterioration in trade relations between neighbors with historically strong economic ties Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada, the latest deterioration in trade relations between the two neighbors with historically strong economic ties. Trump said

President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.

The announcement comes days after trade negotiations broke down between the U.S. and Canada.

US tariffs on all cars and trucks, automotive parts and steel would be increased to 50 per cent starting January 1 next year, President Donald Trump said in a social post on ‌Monday after trade talks with Canada collapsed over the weekend. “Build in the U.S. and there are ZERO TARIFFS. Canada will be treated like a Sta

President Donald Trump escalated the trade war with Canada after talks collapsed last week, announcing Monday that the United States would impose 50% tariffs on cars, trucks, automotive components, and steel starting Jan. 1, 2027. “Canada has been ripping off the United States of America for years,” Trump wrote on Trut

President Trump said tariffs on Canadian automotive and steel imports will rise to 50% on January 1, 2027, in a social media post.