Trump raises tariffs on Canadian autos and steel to 50%

cbsnews.com

President Trump announced a 50% tariff on Canadian automotive and steel imports, effective January 1, 2027, following collapsed trade talks. The tariffs apply to cars, trucks, automotive parts, and steel, but not vehicles built in the U.S. Trump stated Canada "will be treated like a State no longer," citing alleged unfair trade practices. Existing 50% tariffs on other Canadian goods took effect Saturday. Canada plans retaliatory tariffs on U.S. products starting September 8, according to Prime Minister Mark Carney.


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