Big Canadian tariffs are making a comeback.
In Truth Social posts on Monday, President Donald Trump threatened a plan to impose another batch of 50% tariffs on Canadian-made products. This one impacts cars, trucks, auto parts, and steel, and would start on January 1.
The ultimatum is escalating an already bitter trade fight with one of America’s closest economic partners.
“Canada has been ripping off the United States of America for years,” he wrote. “Canada will be treated like a State no longer!”
The post came after US-Canada negotiations collapsed Friday, triggering a separate set of 50% US tariffs on roughly $20 billion in Canadian goods…
