Donald Trump announces 50% tariff on Canadian autos, parts, steel
Business
United States President Donald Trump just announced a hefty 50% tariff on Canadian cars, trucks, auto parts, and steel, set to kick in January 1, 2027.
He says Canada's high tariffs on US farm goods have cost the US $60 billion and accuses Canada of "ripping off" the United States.
U.S.-made products won't be affected by these new rules.
Mark Carney calls US tariffs 'attack'
Canadian Prime Minister Mark Carney described the tariffs as an "attack" and said Canada is "at war" with the US over trade.
He promised Canada has the "reserves," "resilience," and "plan" to respond, and made it clear they won't accept what he sees as an unfair deal.
Tensions between these neighbors just hit a new low.