Trump to raise tariffs on Canadian automobiles and other products to 50%

U.S. PresidentDonald Trumphas announced a 50% increase in tariffs on automobiles, trucks, automobile components and steel from Canadafrom January 1, 2027. Neurria, comes after the failure of the last trade negotiations between the two countries.

Trump has made the decision because of Canada's tariffs on U.S. farmers "products, and has ensured that the U.S. does not need its neighbor commercially, while Canada does 95% of its business with Washington. The Canadian car tariffin that region has so far been 25%, and in negotiations it was proposed to reduce it to 15%.

In this context, U.S. Trade Representative Jamieson Greer  has accused Mark Carney's government of calling for more concessions in the  negotiations. Kanada wanted the tariff cut to extend to medium and heavy service vehicles. Greer, however, has left open the possibility of resuming dialogue, although he has warned that Washington will maintain a firm trade policy.

The failure of negotiations hasalso led the US to automatically impose a 50% tariff on some Canadian products, including wine, cement and hockey sticks, on goods worth around €24 billion. In response, Carney has announced measures to respond to this increase in sectors such as steel, dairy, agricultural equipment and paper, which will take effect from September 8, accusing the US president ofhaving acted with bad intentions .

Excludes tariff threats Carney

In this context,\u00A0 Canadian Prime Minister Mark Carney  has stated that Trump is trying to destroy the key sectors of the Canadian economy , such as the automotive and aluminum industry, and has stressed that new threats to tariffs are no surprise.

Thus, Carney has explained that Canada has decided to suspend negotiations because it believed that the terms set by Washington were unfair and implied a bad deal , but has ensured that both countries can still reach an "agreement that is mutually beneficial"if it respects Canada's" sovereignty and independence. "

The Prime Minister has also rejected Trump's assertion that the United States does not need Canada, stressing that his country is a supplier of certain energy , minerals and essential products for the US supply chain, especially the automotive sector. Although he has not clarified whether he will reduce electricity and oil exports, he has assured that Canada will maintaina calm and positive attitude  , but will consider other measures if necessary.

Carney has also advocated supporting French in Canada in the face of criticism from the US trade representative and has stated that this is a right. Finally, he has assured us that he will be open to resuming negotiations when Washington takes an appropriate stance on Canadian industries and proposes a relationship based on genuine cooperation.