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Trump threatens Canada with doubled tariffs on cars and steel

August 24, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

U.S. President Donald Trump announced on Monday that he will raise tariffs on a range of Canadian products in the automotive sector starting in 2027. The U.S. President wrote on his social media platform 'Truth Social': 'On January 1, 2027, tariffs on all cars and trucks, both large and small, as well as auto parts and steel, will be raised to 50%.' The current U.S. tariff on cars is 25%, while steel imports to the United States are generally subject to a 50% tariff. Trump's decision comes amid escalating trade tensions between the U.S. and Canada following their failure to reach an agreement to avoid...

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