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EconomyTrump says US will raise tariffs on cars, parts and steel to 50% from Jan. 1, 2027

President Donald Trump said in a social media post that the United States will raise tariffs on all cars, trucks, automotive parts and steel to 50% starting Jan. 1, 2027, after trade talks with Canada collapsed.

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RReuters★★★★☆2026-08-24 13:56Original

Trump says US will raise tariffs on cars, parts and steel to 50% from Jan. 1, 2027
Economy