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Trump threatens tariffs on all cars and trucks to 50% amid Canada trade spat

Straits Times

BusinessStraits Times·Aug 24, 2026·1 min read

Trump threatens tariffs on all cars and trucks to 50% amid Canada trade spat

WASHINGTON, Aug 24 - U.S. tariffs on all cars and trucks, automotive parts and steel will be increased to 50% starting January 1, 2027, President Donald Trump said in a social post on Monday after trade talks with Canada collapsed.

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