US-Canada trade row heats up as auto tariffs loom at 50%

1 min read
Source: BBC
US-Canada trade row heats up as auto tariffs loom at 50%
Photo: BBC
TL;DR Summary

Tensions between the US and Canada deepen after talks collapse, with President Trump threatening to raise tariffs on Canadian-made autos, trucks, and parts from 25% to 50% starting January 1. Canada pledges reciprocal measures and says talks could resume only with a "right attitude." The dispute jeopardizes the USMCA and risks broader economic disruption, prompting Ottawa to boost diversification and infrastructure like icebreakers while firms brace for impact.

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