US tariffs on all cars and trucks, automotive parts and steel would be increased to 50 per cent starting January 1 next year, President Donald Trump said in a social post on Monday after trade talks with Canada collapsed over the weekend. Canada will be treated like a State no longer!” Trump wrote. “On Trade, and in other ways, also, they are among the worst Nations in the World to deal with.
They feel entitled, and yet, WE DON’T NEED CANADA,... tariffs on various Canadian goods went into effect after the talks broke off, and Canada has vowed to retaliate President Donald Trump has threatened additional tariffs onto Canadian automobiles, car parts and steel amid the trade war between the two nations.
The two countries failed to reach a trade deal late on Friday, with each side blaming the other as Canada readied tariffs on some US goods in retaliation for levies ordered by the US president on other Canadian products. WASHINGTON (AP) — Trump threatens 50% tariff on Canadian automobiles, car parts and steel starting Jan 1 as trade rift with Ottawa deepens.
Summary from source