President Trump on Monday hit back at Canadian Prime Minister Carney, who on Friday had announced he would retaliate against any new US tariffs on Canadian goods. Writing on Truth Social, Trump threatened to hit imported cars, trucks, automobile parts and steel with 50% tariffs starting January 1, 2027. “Canada has been ripping off the US for years,” Trump wrote. “On Trade, and in other ways, also, they are among the worst Nations in the World to deal with.” Canada ranks as the third highest source of US imports. In 2025, more than $380 billion worth of goods were brought over the border. Monday’s announcement follows a wave of new tariffs that already hit Canada early Saturday morning after weeks-long negotiations between the Washington and Ottawa broke down. Carney pulled Canadian negotiators out of those talks late Friday after he said the US “proposed new terms that were uneconomic” and “unfair.”
Related coverage in:
- Business in Vancouver: Canada responds to trade war escalation
- PBS News: U.S. and Canada fall deeper into a trade war with new tariffs
- Globe & Mail: Business leaders brace for trade war after talks break down
- CBS News: US set to impose 50% tariffs on Canada after failed talks; Canada to match them “dollar for dollar”