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The Economic Times
The Economic Times
National

Trump threatens 50% tariffs on Canadian cars, trucks and steel from January 2027

Donald Trump Canada United States

US President Donald Trump announced on Monday that the United States will raise tariffs on Canadian cars, trucks, auto parts and steel to 50% from January 1, 2027, deepening trade rift against Ottawa.

Trump said products manufactured in the US would face zero tariffs, while accusing Canada of imposing excessively high tariffs and benefiting disproportionately from trade with its southern neighbour.

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