Trump threatens 50% tariffs on Canadian cars and steel after trade talks collapse

U.S. President Donald Trump threatened Monday to impose 50 percent tariffs on all Canadian cars, trucks, automotive parts, and steel beginning New Year's Day, following the collapse of trade talks with Canada. Trump made the announcement on Truth Social, stating "WE DON'T NEED CANADA, THEY NEED US!" Canadian leaders responded sharply, with Ontario Premier Doug Ford saying "He can kiss my ass" and considering an electricity export tariff. Prime Minister Mark Carney recalled negotiators from Washington, while an analysis suggests roughly 87,000 Canadian jobs could be at risk. Conservative Leader Pierre Poilievre is calling on Carney to reconvene Parliament over the escalating dispute. U.S. Trade Representative Jamieson Greer downplayed the fallout as a "tempest in a teapot," noting the tariffs cover about 5 percent of Canadian trade.