Brief by Shorts91 Newsdesk / 05:52am on 25 Aug 2026,Tuesday India
The US-Canada trade war escalated after President Donald Trump threatened to raise tariffs on Canadian cars, trucks and auto parts from 25% to 50% starting January 1. The move came after trade talks between the two countries collapsed, with both sides blaming each other for last-minute demands. Canadian Prime Minister Mark Carney said Trump appeared determined to damage Canada’s auto industry and vowed to respond with reciprocal tariffs. Ontario Premier Doug Ford also called for a stronger response. Businesses on both sides warned that the escalating tariff dispute could raise prices, hurt jobs and disrupt North American trade. (PC: BBC)
