Yeshiva World News · Aug 24, 2026
Yeshiva World News — photo status
President Trump announced a major escalation in tariffs on Canada, saying that beginning January 1, 2027, the U.S. will impose a 50% tariff on all Canadian cars, trucks, automotive parts and steel. Trump accused Canada of maintaining excessively high tariffs on American farmers and agricultural products, while pointing to what he described as a $60 billion trade deficit between the two countries. He urged companies to manufacture in the United States, stressing that products built in America would face “ZERO TARIFFS.”
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