Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates

President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027. — Source: CNBC 🔗 https://www.cnbc.com/2026/08/24/trump-canada-auto-tariffs-trade-war.html