Trump says U.S. will hike Canada auto tariffs to 50% as trade dispute widens
Mark Carney vowed dollar-for-dollar retaliation as economists warned the new duties could threaten about 87,000 Canadian jobs.
- U.S. President Trump announced a 50% tariff on Canadian autos, parts, and steel starting January 1, 2027, following failed trade talks and earlier tariffs imposed on $28 billion of Canadian goods.
- Canadian Prime Minister Mark Carney pledged dollar-for-dollar retaliation with tariffs targeting U.S. steel, dairy, appliances, and agricultural equipment by September 8.
- Canadian and U.S. auto industries expressed concern that the higher tariffs could harm both countries' manufacturers and potentially disrupt U.S. auto assembly.
- The trade dispute received criticism for being an unnecessary conflict that could damage both economies and reduce crucial goods such as lumber and energy.
357 Articles
357 Articles
Trump threatens new 50% tariffs on Canadian cars
US President Donald Trump threatened new 50% tariffs on Canadian cars and trucks on Monday, escalating the two countries’ all-out trade war. Canadian Prime Minister Mark Carney has threatened to retaliate with counter-tariffs, saying the latest negotiations made clear that Trump wants to destroy Canada’s steel, aluminum, and auto industries. Canadians overwhelmingly supported Ottawa’s decision to abandon talks; nearly two-thirds believe the trad…
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No U.S. cost estimate as Trump vows 50% Canada auto tariffs
(The Center Square) – President Donald Trump said Monday he would impose 50% tariffs on all Canadian cars, trucks, auto parts and steel on Jan. 1 as leaders in Ottawa vowed to retaliate against the U.S. import taxes.
Trump threatens Canada with 50 percent tariffs on vehicle and auto parts
President Trump announced on Monday that he plans to impose 50 percent tariffs on Canadian cars, trucks, auto parts, and steel starting January 1, The Hill reported. This development marks a significant escalation in the ongoing trade tensions between the two neighbors. The announcement arrived after trade discussions between the United States and Canada collapsed late Friday. Prime Minister Mark Carney made the decision to pull his country’s ne…
US President Trump is escalating the trade conflict between the US and Canada.
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