Trump says to double auto tariffs on Canada
The current US tariff on autos stands at 25% for non-US content, while imported steel to the US generally faces a 50% duty.
US President Donald Trump announced on Monday that he will double tariffs on Canadian vehicles starting in 2027, escalating an ongoing trade dispute between the two nations. The additional duties will apply to all cars, trucks, automotive parts, and steel, with the new 50% tariffs taking effect on January 1, 2027. The current US tariff on autos is 25% for non-US content, while imported steel generally faces a 50% duty.
The threat of increased tariffs arose after Canada was unable to negotiate a deal to avert the implementation of new 50% tariffs on select Canadian goods. The White House accused Canada of discrimination against US alcohol, automobile, and dairy products, leading to the duties' imposition. Despite Trump delaying their implementation by three days to facilitate negotiations, the steep duties were enforced on Saturday, impacting approximately 5.5% of Canadian goods entering the US, valued at around $20 billion.
Canadian Prime Minister Mark Carney responded by announcing retaliatory tariffs in response to what he deemed as an unfavorable deal.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- US to tighten economic screws on Iran to break war deadlock thenationalnews.com
- Trade War: Trump threatens to impose fresh tariffs on Canada dailypost.ng
- Trump says to double auto tariffs on Canada freemalaysiatoday.com
- Shapiro on Canada tariffs: Trump chooses 'chaos and cruelty' thehill.com
- Trump's trade representative calls U.S.-Mexico talks constructive as Canada dispute intensifies cbsnews.com
- What to expect as Iran braces for new US economic measures amid war aljazeera.com
