World News

Can Canada survive Donald Trump’s 50% tariff hammer on cars and steel?

Donald Trump has announced that tariffs on cars, trucks, automotive parts and steel will rise to 50% next year, threatening the integrated US-Canada supply chain.

In response, Canada’s Mark Carney moved to lower tariffs on Chinese electric vehicles.

Sky’s economics and data editor Ed Conway looks at the numbers.

Read more: https://news.sky.com/story/canadian-politician-threatens-to-cut-off-electricity-to-the-us-in-response-to-donald-trumps-50-tariffs-13576665

#usa #canada #tradewar #trade #skynews

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