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CBS News · Aug 25, 2026 12:04 AM EDT GeopoliticsCommoditiesAutos

Trump announces 50% tariffs on Canadian auto and steel imports starting in 2027

President Trump announced Monday a new 50% tariff on all Canadian automotive and steel imports, beginning Jan. 1, 2027. Dan Kelly, president of the Canadian Federation of Independent Business, joins CBS News to discuss.

Trump announces 50% tariffs on Canadian auto and steel imports starting in 2027
Image CBS News

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