Trump Raises US Tariffs on All Canadian Auto and Steel to 50%
US President Donald Trump says he is raising tariffs on all Canadian cars, trucks, auto parts, and steel to 50% starting in 2027. Trump’s latest tariff threat would double top-line U.S. tariffs on Canadian auto imports, which currently sit at 25%. A trade deal between the US and Canada fell through again last week, but Trump believes that Canada continues to “rip us off.”
“Canada has been ripping off the United States of America for years,” Trump wrote in a Truth Social post, accusing the long-time trading partner of hurting U.S. farmers through its own tariff policies. “Not sustainable, and NOT ANYMORE!” he wrote. “On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%.”
On Saturday, the U.S. imposed 50% tariffs on about $20 billion of Canadian goods, including wine, cement, hockey sticks, and other products. Those duties were imposed in retaliation for alleged Canadian trade discrimination against U.S. cars, alcohol, and dairy.
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