Business

Trade Tensions Between Canada and US

Updated 2026-10-27 16:05 UTC 1 source Negative

Honda warns that a doubling of auto tariffs from 25% to 50% would be catastrophic for the Canadian auto industry. President Trump has threatened such action if a trade deal is not reached.

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CNBC
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.
2026-10-27 15:48 UTC
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