Trump announces new 50% tariff on Canadian cars, trucks and steel
- Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada, the latest deterioration in trade relations between the two neighbors with historically strong economic ties.
- Trump said that the increased tariffs would start 1 January 2027 on all cars, trucks, automobile parts and steel.
- He also derided the nation’s tariffs on American farmers, writing on social media that Canada has been “ripping off” the US “for years”.
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- Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada, the latest deterioration in trade relations between the two neighbors with historically strong economic ties.
- Trump said that the increased tariffs would start 1 January 2027 on all cars, trucks, automobile parts and steel.
- He also derided the nation’s tariffs on American farmers, writing on social media that Canada has been “ripping off” the US “for years”.
Sources: Guardian