US President Trump announces 50% tariffs on Canadian vehicles and steel from 2027
- US President Trump announced on Truth Social that tariffs on Canadian vehicles, auto parts and steel will rise to 50% from January 1, 2027.
- Trump accused Canada of ripping off the US for years, citing high tariffs on American farm products and a $60 billion deficit.
- He offered companies zero tariffs if they shifted manufacturing to the United States, instead of Canada.
- Trump said Canada would no longer be treated like a state, claiming it does 95% of its business with the US.
Source: ap7am.com
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