Trump Threatens 50% Tariff on Canadian Autos Next Year in Retaliation Over Counter-Tariffs

U.S. President Donald Trump announced on the 24th (local time) that he will raise tariffs on Canadian automobiles, auto parts, and steel to 50% starting next year.

In a post on social media Truth Social that day, President Trump stated, "Effective January 1, 2027, tariffs on automobiles, light and heavy trucks, auto parts, and steel will be raised to 50%," adding, "Manufactured in the USA, there are no tariffs."

President Trump claimed, "Canada has ripped off the United States for a long time and is one of the worst countries to deal with in trade and various fields," and argued, "We don't need Canada, Canada needs us. 95% of Canada's trade is with the U.S., but it is the exact opposite for us."

"Outrageously high tariffs have been imposed on our agricultural products and farmers, making life impossible for our great patriots and resulting in a $60 billion deficit," President Trump emphasized, adding, "This is no longer sustainable."

This effectively amounts to a counter-strike, as Trump stated he would raise tariffs on automobiles and other goods to 50% in response to Canada's announcement of retaliatory tariff measures against the Trump administration's tariffs.

It is like pouring fuel on a trade war between bordering close allies.

However, by setting the implementation date for the tariff hikes to early next year, President Trump has left room for negotiation.

(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.