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