Tag: auto industry

Trump Drops a 50% Tariff Bomb on Canada, and the North American Economy May Never Look the Same
Politics

Trump Drops a 50% Tariff Bomb on Canada, and the North American Economy May Never Look the Same

The gloves are off. Donald Trump has threatened to slap a 50% tariff on Canadian vehicles, auto parts, and steel, setting a January 2027 deadline that has sent shockwaves through North American trade corridors. After talks between Washington and Ottawa collapsed last week, the president took to Truth Social with a message that was anything but diplomatic.

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