Trump Threatens 50% Canada Auto Tariff; Detroit Stocks Fall
President Donald Trump said tariffs on Canadian cars, trucks, auto parts and steel will rise to 50% on Jan. 1, 2027, sending GM, Ford and Stellantis lower while U.S. steelmakers climbed.
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Trump says U.S. production means zero tariffs
Trump says, in his remarks, that building in the U.S. comes with “zero tariffs.” No additional details or figures were provided.