Trump Escalates the Canada Trade War With 50 Percent Tariffs on Cars and Steel
President Trump announced Monday that the United States will impose 50% tariffs on Canadian cars, trucks, auto components and steel beginning Jan. 1, 2027, after trade talks with Ottawa collapsed last week. Trump said Canada has been 'ripping off' the United States for years. Canadian officials have signaled retaliatory measures, and Ontario's premier has raised the prospect of restricting electricity and critical mineral exports.
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