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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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.
Shares of U.S. Steel and U.S. aluminum firms fell after a TradeXchange Newsdesk report said the U.S. will halve tariffs on Canadian steel and aluminum.