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Trump escalates trade war with Canada with threat to raise tariffs on vehicles and steel – live

Donald Trump has threatened to increase tariffs on Canadian cars, trucks, auto parts and steel to 50% today, after trade negotiations between Washington and Ottowa broke down last week. On Truth Social, the president blasted Canada, and said the new duties will go into effect on 1 January 2027. “On Trade, and in other ways, […]

By deepak · August 24, 2026 · 1 min read

Donald Trump has threatened to increase tariffs on Canadian cars, trucks, auto parts and steel to 50% today, after trade negotiations between Washington and Ottowa broke down last week.

On Truth Social, the president blasted Canada, and said the new duties will go into effect on 1 January 2027. “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, THEY NEED US!” Trump wrote.

This latest escalation comes after Canadian prime minister Mark Carney rejected the latest deal on Saturday, after Trump previously slapped a 50% tariff on $20bn worth of Canadian exports – ranging from hockey equipment to electronics.

Carney said the Trump administration’s final demands went too far: “They asked too much and offered too little.”

Source: Read the original article on www.theguardian.com