President
Trump announced 50% tariffs on Canadian automotive and steel imports starting
January 1, 2027, after trade talks collapsed over the weekend.
Ontario Premier Doug Ford backed Prime Minister Mark Carney's firm response, calling for a united 'Team Canada' effort while Carney declared the U.S. no longer a reliable partner.
Canada plans retaliatory tariffs on Tuesday targeting U.S. steel, dairy, appliances, and electronics, a move analysts say could raise costs for businesses and consumers on both sides amid deep economic ties.