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Trump Vows to Double Canadian Auto Tariffs, Escalating Fight

Trump pledged to rise auto tariffs to 50%, effective Jan. 1

Bloomberg News

US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year, escalating the spiraling trade fight between the two economies. Trump posted on Monday that “Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel” would rise to 50%, effective Jan. 1. The current auto […]

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