U.S. tariffs on all cars and trucks, automotive parts and steel will be increased to 50% starting January 1, 2027, President Donald Trump said in a social post on Monday after trade talks with Canada collapsed over the weekend, David Shepardson and Daphne Psaledakis at Reuters report.
Alex Ballingall, Toronto Star: Donald Trump threatens 50% tariffs on Canadian autos
Bloomberg: Trump vows to double tariffs on Canadian autos, escalating fight