Trump Doubles Down: 50% Tariffs Hit All Canadian Autos and Steel in January
After trade talks collapsed Friday, Trump vowed that Canadian cars, trucks, auto parts and steel will carry a 50% tariff starting Jan. 1, doubling today's 25% auto duty. Canada has promised dollar-for-dollar retaliation, and Ontario's Doug Ford has threatened to cut U.S. access to electricity. The trade war will push up prices for American car buyers and stress an auto chain that's deeply integrated across the border.