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Trump to hike Canada auto tariffs to 50% starting 2027
๐Ÿ“ˆ Business

Trump to hike Canada auto tariffs to 50% starting 2027

President Donald Trump announced the US will impose 50% tariffs on cars, trucks and auto parts imported from Canada, effective January 1, 2027. The move marks a significant escalation in the ongoing trade war between the two countries. The new rate would be substantially higher than current tariff levels.

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