Trump: US to hike Canada auto tariffs to 50%, effective Jan 1, 2027

Published Aug 24, 01:55 PM UTC

President Donald Trump announced on Monday that the United States will increase tariffs on imports of cars, trucks, and auto parts from Canada to 50%, effective January 1, 2027. The decision follows a breakdown in trade negotiations between the two countries last week, marking a significant escalation in the ongoing trade war. The announcement was made by Trump while speaking to reporters before boarding Air Force One at Joint Base Andrews, Maryland on August 21, 2026. This move is expected to have major implications for the North American automotive industry and bilateral trade relations.