President Donald Trump has threatened to punish Canada with 50% tariffs on automotive and steel imports after the country’s leaders rejected his trade deal offer.
In a post on Truth Social on Monday, he cited Canada’s tariffs on farms and said the situation was no longer sustainable. The new tariffs will go into effect on New Year’s Day, 2027, the president said.
‘We’re all in … everyone’s in for an economic war.’
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“On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%. Build in the U.S. and there are ZERO TARIFFS,” wrote the president.
“Canada will be treated like a State no longer!” he added. “On Trade, and in other ways, also, they are among the
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