24 Hrs
Source:
The Guardian
Trump introduces 50% tariff on Canadian vehicles
Donald Trump announced a new 50% tariff on Canadian cars, trucks, automobile parts, and steel, set to take effect on January 1, 2027. The move marks a further deterioration in trade relations between the United States and Canada, with Canada stating it is prepared to respond with its own tariffs and insisting that negotiations require a better attitude from the US. The tariffs follow the collapse of a recent trade deal and reflect ongoing tensions under Trump's trade policies, which have strained the long-standing economic relationship between the two countries.
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