Newsman: President Donald Trump said, he’ll impose new 50% tariffs on Canadian cars and steel in January. In a social media post on Monday, President Trump said that he will ratchet up tariffs on Canada-made cars and auto parts.
“On Trade, and in other ways, also, they are among the worst Nations in the World to deal with,” Trump said his social media platform on Monday. “They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US!”
The moves come after negotiations between Canada and the U.S. broke down over the weekend.
Canadian Prime Minister Mark Carney issued blistering remarks about the U.S. approach to trade negotiations. He said talks broke down after American negotiators made requests that were unfavorable to Canada.
“They asked too much and offered too little,” Carney said at a Saturday press conference. He criticized the Trump administration, saying it “uses economic integration as a weapon.”
A fresh round of 50% U.S. tariffs on some Canadian goods took effect on Saturday, prompting a vow from Canada to retaliate with a set of its own levies.
According to the Canada Prime Minister Carney, the 50% tariff would be applied to roughly $28 billion of Canadian goods and that Canada would match the U.S. “dollar for dollar.” Canada’s retaliatory tariffs would go into effect on Sept. 8 and more details will be revealed later, the prime minister said on Saturday.
Mark Carney noted that one of the sticking points was changes by the U.S. over its levels of tariffs on automobiles that he claimed would have hurt Canada’s economy over time.
The latest announcement from Trump promised to double tariffs from 25% to 50% on Canadian cars and auto parts starting on Jan. 1, 2027. The elevated levy will also apply to steel and trucks, according to the president.
According to the Census Bureau data, In the first half of 2026, the U.S. exported $175.8 billion in goods to Canada — the second biggest export trading partner after Mexico — accounting for 14% of all U.S. exports.
