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.
381 Articles
381 Articles
President Donald Trump's threat to impose 50% tariffs on cars on all imports from Canada is just the most recent blow to an industry that has endured changes in trade rules since...
WSJ warns Trump's new attack on Canada will blow up in his face: 'His own worst enemy'
President Donald Trump's latest round of trade war against Canada is self-defeating, warned the conservative Wall Street Journal editorial board — because he'll take the U.S. auto industry down in the process."Mr. Trump is angry that Canadian Prime Minister Mark Carney over the weekend vowed to retaliate dollar-for-dollar against his latest tariff barrage," wrote the board. For that reason, he is imposing a 50 percent tariff on “all Cars, Trucks…
Canadian Prime Minister Responds Hardline Following Retaliatory Tariffs, Saying "We Are Not U.S. Subsidiaries"; Trump Leaves Room for Negotiation with 'Auto Tariffs Starting Next Year'... Aware of Potential Damage to Midterm Elections; NYT: "Tariffs on Canadian Auto Parts and Steel Could Help Korean and Japanese Automakers" (Washington
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…
Your Alaska Link
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.
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