Trump threatens Canada with 50 per cent auto tariffs as trade war escalates
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Trump threatens Canada with 50 per cent auto tariffs as trade war escalates
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US President Donald Trump is ramping up pressure on Canada, threatening to double tariffs on Canadian cars and trucks to 50 per cent from January.
President Trump has also announced a 50 per cent tariff on auto parts from 2027 after trade talks between America and Canada collapsed last week.
In a new post to Truth Social, President Trump called Canada back to the negotiating table.
“Someone should get these clowns to ‘fall in line’, or the consequences for Canada will be far worse! Canada’s unemployment rate is now at 10 per cent, and rapidly rising. Their businesses are fleeing for the United States, and it’s all because of their failed policies and inept leadership,” he said.
“The days of ripping off our farmers and other businesses are over.”
US Treasury Secretary Scott Bessent says despite a rejected deal, talks will remain ongoing.
President Trump has also announced a 50 per cent tariff on auto parts from 2027 after trade talks between America and Canada collapsed last week.
In a new post to Truth Social, President Trump called Canada back to the negotiating table.
“Someone should get these clowns to ‘fall in line’, or the consequences for Canada will be far worse! Canada’s unemployment rate is now at 10 per cent, and rapidly rising. Their businesses are fleeing for the United States, and it’s all because of their failed policies and inept leadership,” he said.
“The days of ripping off our farmers and other businesses are over.”
US Treasury Secretary Scott Bessent says despite a rejected deal, talks will remain ongoing.
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