Trump threatens to hike Canada auto tariffs to 50% from 25%

STLD +1.80% NUE +1.70% GM +0.58% STLA -0.88% CLF +6.48%

1. 1Trump threatens to raise tariffs on Canadian cars, trucks, and parts to 50% from 25% starting Jan. 1
2. 2Friday's deadline lapse triggers 50% tariffs on roughly $20 billion in Canadian imports
3. 3PM Carney criticizes move as intent to destroy the auto industry, signals talks could resume with right approach

Source Barrons.com +5 · View original ↗

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