Trump raises Canadian car and steel tariffs to 50 per cent
Trump is raising tariffs on Canadian goods to 50 per cent from January 1, 2027, after talks failed.
Why it mattersTrade wars raise prices for imported goods. Companies face new deadlines and higher costs. Both countries risk economic harm if the dispute widens.
AustraliaNo direct Australian tariff effect yet, but any US-Canada trade war can slow global growth and affect Australian export prices and investment returns.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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