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Trump announces new 50% tariff on Canadian cars, trucks and steel
Move is latest deterioration in trade relations between neighbors with historically strong economic ties Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada , the latest deterioration in trade relations between the two neighbors with historically strong economic ties. The US president said that the increased tariffs would start on 1 January 2027 on all cars, trucks, automobile parts and steel. He also derided the nation’s tariffs on American farmers, wri…
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