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    Home»US News»Trump says he’ll impose new 50% tariffs on Canadian cars and steel in January, escalating trade war
    US News

    Trump says he’ll impose new 50% tariffs on Canadian cars and steel in January, escalating trade war

    Team_Prime US NewsBy Team_Prime US NewsAugust 24, 2026No Comments2 Mins Read
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    President Donald Trump on Monday mentioned in a social media publish that he’ll ratchet up tariffs on Canada-made automobiles and auto elements in January, escalating a trade war between the United States and Canada.

    The strikes comes after negotiations between Canada and the U.S. broke down over the weekend. A contemporary spherical of fifty% U.S. tariffs on some Canadian items took impact on Saturday, prompting a vow from Canada to retaliate with a set of its personal levies.

    The newest announcement from Trump promised to double tariffs from 25% to 50% on Canadian automobiles and auto elements beginning on Jan. 1, 2027. The elevated levy will even apply to metal and vans, based on the president.

    “On Commerce, and in different methods, additionally, they’re among the many worst Nations within the World to cope with,” Trump mentioned his social media platform on Monday. “They really feel entitled, and but, WE DON’T NEED CANADA, THEY NEED US!”

    It’s unclear why Trump is ready till January.

    Within the first half of 2026, the U.S. exported $175.8 billion in items to Canada — the second greatest export buying and selling companion after Mexico — accounting for 14% of all U.S. exports, based on the Census Bureau.

    The sharp criticism arrived days after Canadian Prime Minister Mark Carney issued blistering remarks concerning the U.S. strategy to commerce negotiations. He mentioned talks broke down after American negotiators made requests that have been unfavorable to Canada.

    “They requested an excessive amount of and supplied too little,” Carney mentioned at a Saturday press convention.

    President Donald Trump and Canadian Prime Minister Mark Carney meet within the Oval Workplace of the White Home, Oct. 7, 2025, in Washington.

    Evan Vucci/AP

    Based on Carney, the 50% tariff can be utilized to roughly $28 billion of Canadian items and that Canada would match the U.S. “greenback for greenback.” Canada’s retaliatory tariffs would go into impact on Sept. 8 and extra particulars can be revealed later, the prime minister mentioned on Saturday.

    Carney famous that one of many sticking factors was modifications by the U.S. over its ranges of tariffs on vehicles that he claimed would have damage Canada’s economic system over time.

    He criticized the Trump administration, saying it “makes use of financial integration as a weapon.”

    This can be a creating story. Please examine again for updates.



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