Trump announces 50% tariffs on Canadian cars and steel

On 24 August 2026, Trump announced 50% tariffs on Canadian cars, auto parts and steel, with Spanish and Portuguese outlets giving a start date of 1 January 2027. Some outlets described the move as a threat covering all cars and trucks from Canada, amid an escalating trade dispute between the two countries.

S&P Global wrote that Trump vowed tariff retaliation, and CNN wrote that the new auto tariffs would hurt US automakers and workers. A Canadian politician threatened to cut off electricity to the US in response to the 50% tariffs.