
Business
Trump Announces 50% Tariffs on Canadian Auto and Steel Imports
President Donald Trump announced a tariff increase to 50% on Canadian vehicles, auto parts, and steel effective January 1, 2027, following the collapse of trade negotiations.
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4 stories on tariffs, across Business.

President Donald Trump announced a tariff increase to 50% on Canadian vehicles, auto parts, and steel effective January 1, 2027, following the collapse of trade negotiations.

Canada announces dollar-for-dollar retaliatory tariffs after the United States implements new 50 percent tariffs on Canadian goods.

Prime Minister Mark Carney vowed "dollar-for-dollar" retaliation after the US imposed 50 percent levies on $20 billion worth of Canadian goods.

The Trump administration is proposing tariffs of up to 12.5% on dozens of trading partners, including the EU and Japan, citing failures to curb forced labor imports.