Trump slaps 50% tariff on Canadian autos and steel, widening trade rift

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Source: The Guardian
Trump slaps 50% tariff on Canadian autos and steel, widening trade rift
Photo: The Guardian
TL;DR

President Donald Trump announced a 50% tariff on Canadian cars, trucks, auto parts and steel that would take effect January 1, 2027, escalating US-Canada trade tensions. Canada signaled readiness to retaliate dollar-for-dollar and urged talks with the right approach, while stressing that Canada remains the US’s top auto market amid a broader shift away from deeply integrated ties.

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