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Trump announces new 50% tariff onCanadian cars, trucks and steel

Move is latest deterioration in trade relations between neighbors with historically strong economic ties

Read full story on The Guardian
Gaya Gupta24 Aug 2026, 06:55 pmUpdated 1d ago1 min readBusinessGlobal
Trump announces new 50% tariff on Canadian cars, trucks and steel

GlobalGaya Gupta

Move is latest deterioration in trade relations between neighbors with historically strong economic ties

Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada , the latest deterioration in trade relations between the two neighbors with historically strong economic ties.

The US president said that the increased tariffs would start on 1 January 2027 on all cars, trucks, automobile parts and steel. He also derided the nation’s tariffs on American farmers, writing on social media that Canada has been “ripping off” the US “for years”.

Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada , the latest deterioration in trade relations between the two neighbors with historically strong economic ties.

This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian

Source: The Guardian · Gaya Gupta. Published 24 Aug 2026, 06:55 pm.

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