Trump signals 50% Canadian auto tariffs from January 1, 2027

Aug 30, 2026 23:35 (22d ago)

The United States and Canada are expanding retaliatory tariffs across interconnected industries.
50% U.S. tariffs cover about $20 billion of Canadian products, while auto tariffs were signaled for 2027.
South Korean companies built Canadian battery and parts capacity to supply U.S. customers duty-free under USMCA rules.

South Korean battery and auto-parts manufacturers are reassessing North American supply-chain risks as the United States and Canada expand retaliatory tariffs. Battery cells, cathode materials and copper foil were excluded from the U.S. government's 50% tariff list on Canadian products imposed on the 20th of last month, leaving the direct impact limited for now. But Canadian Prime Minister Mark Carney announced 25?