Trump threatens 50% tariffs on Canadian autos, steel in 2027
President Donald Trump says tariffs on all cars, trucks, automotive parts and steel will rise to 50% on January First, 2027, pressuring industrial and auto supply chains.
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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.
Trump says tariffs on cars, parts and steel rise to 50% in 2027
Trump says that on January 1st, 2027, tariffs on all cars, trucks, both large and small, automotive parts, and steel will be increased to 50%.