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U.S. Tariffs Could Price Canadian Firms Out of U.S. and Threaten Thousands of Jobs

The 50 percent tariffs President Trump imposed on Canadian exports to the United States will make it impossible for many Canadian companies to continue to sell to the U.S. market, economists say.

© Ian Austen/The New York Times

Harvested logs in British Columbia in 2023. Canada’s forestry industry may be hit particularly hard by the latest American tariffs.
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Trump announces new 50% tariff on Canadian cars, trucks and steel

Move is latest deterioration in trade relations between neighbors with historically strong economic ties

Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada, the latest deterioration in trade relations between the two neighbors with historically strong economic ties.

The US president said that the increased tariffs would start on 1 January 2027 on all cars, trucks, automobile parts and steel. He also derided the nation’s tariffs on American farmers, writing on social media that Canada has been “ripping off” the US “for years”.

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© Photograph: Cole Burston/AFP/Getty Images

© Photograph: Cole Burston/AFP/Getty Images

© Photograph: Cole Burston/AFP/Getty Images

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Mark Carney says Canada can’t accept US trade deal that would weaken French language

Prime minister praised for rejecting US trade proposal as Trump shows little interest in retreating from dispute

Mark Carney said on Monday that while American negotiators saw the French language in Canada as an “irritant … in Quebec, these are rights,” days after receiving widespread praise from political leaders for rejecting a US trade proposal that many perceived as weakening the country’s Francophone culture.

The prime minister’s remarks came hours after the US president, Donald Trump, showed little interest in retreating from the spat, posting on social media that Canada had been “ripping off the United States of America for years” and threatening a swath of new, economically devastating tariffs on cars and trucks.

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© Photograph: Patrick Doyle/The Canadian Press/AP

© Photograph: Patrick Doyle/The Canadian Press/AP

© Photograph: Patrick Doyle/The Canadian Press/AP

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