Trump doubles auto tariffs on Canada after trade talks collapse

President Donald Trump announced Monday that US tariffs on all Canadian cars, trucks, automotive parts, and steel will increase to 50% starting January 1, 2027, following the collapse of trade talks over the weekend. The current US tariff on autos stands at 25% for non-US content, while imported steel generally faces a 50% duty. Trump's threat follows new 50% tariffs on select Canadian goods that took effect Saturday after negotiations failed, impacting roughly $20 billion worth of products. Canadian Prime Minister Mark Carney has announced retaliatory tariffs, accusing Washington of using "economic integration as a weapon" and rejecting the deal as offering "too little." The breakdown raises questions about the future of the North American trade agreement.