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Iran, already drained by years of sanctions and a brutal military onslaught from the United States and Israel, now faces another test as President Donald Trump moves to further tighten the economic screws on the Islamic Republic.
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Trump says he will ratchet up tariffs on Canada-made cars and auto parts in January, escalating a trade war between the U.S. and Canada
The president announced the move to in a post on Truth Social, saying "Canada has been ripping off the United States of America for years" and accusing the country of placing "ridiculously high" tariffs on U.S. farm exports to Canada. He said the new tariff rate for automobiles will begin Jan. 1, 2027.
President Trump says he's putting a 50% tariff on Canadian automotive and steel imports starting in 2027.
President Trump has threatened a 50% tariff on Canadian automobiles, car parts and steel starting Jan. 1 as the trade rift deepens.
Trump escalates trade war with Canada’s Mark Carney, threatening to raise tariffs on automobiles and steel to 50%
He waited 9 months for his Navy son to return from the USS Lincoln. Then Border Patrol arrested him.
Trump said the U.S. will impose 50% tariffs on autos from Canada starting in January, an escalation in the trade conflict that erupted over the weekend
