Trump’s 50% Tariff Could Raise Prices Of America’s Bestselling Cars

Trump’s war on Michigan

President Donald Trump’s populist economic doctrine is about to face a reality check on the shores of the Great Lakes. After trade negotiations broke down late last week, the president announced new 50% tariffs on Canadian imports ranging from lumber and agricultural products to consumer electronics. After Canadian Prime Minister Mark Carney announced that his […]

Trump’s 50% Tariff Could Raise Prices Of America’s Bestselling Cars

Trump has threatened to increase U.S. tariffs on Canadian-built cars and trucks from 25% to 50% beginning January 1, 2027. How might that affect you?

Trump threatens tariffs on Canadian cars

US President Donald Trump threatened to impose tariffs on Canadian-made cars, accusing the neighbouring country of treating the United States badly and saying Washington did not want Canada producing vehicles for the American market.

Trump threatens 50 per cent tariffs on Canadian vehicles, steel

On Monday, Aug. 24, U.S. President Donald Trump threatened to impose 50-per-cent tariffs on Canadian vehicles, auto parts and steel beginning Jan. 1, 2027, escalating a trade war that threatens Lloydminster‘s oilpatch supply chains and agricultural exports on both sides of the border. Read more: Three charged, 68 offences laid following massive Lloydminster drug and gun bust Trump announced the proposed duties in a Truth Social post Monday, sayi…