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Trump Threatens New 50% Tariffs on Cars, Trucks and Steel as U.S.-Canada Trade War Unfolds

Trump Threatens New 50% Tariffs on Cars, Trucks and Steel as U.S.-Canada Trade War Unfolds

Key Highlights

  • President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan.
  • 1, as the countries edged toward a full-blown trade war.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.

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