Trump threatens 50% tariffs on all cars and trucks from Canada amid trade fight

Trump threatens 50% tariffs on all cars and trucks from Canada amid trade fight  Reuters

U.S. President Donald Trump has threatened to increase tariffs on all cars and trucks to 50 per cent next year following a collapse in trade talks with Canada. Follow for live updates.

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.

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

The two countries failed to reach a trade deal late on Friday, with each side blaming the other as Canada readied tariffs on some US goods in retaliation for levies ordered by the US president on other Canadian products.

WASHINGTON, Aug 24 - President Donald Trump sought to boost pressure on Canada on Monday, warning that U.S. tariffs on all cars, trucks and automotive parts from the U.S.' northern neighbor would be increased to 50% starting January 1 after trade talks collapsed over the weekend.

Trump Threatens Tariffs On All Cars And Trucks To 50% Amid Canada Trade Spat  HuffPost