Trump Targets Canadian Cars with New 50% Tariff Threat

US President Donald Trump has escalated the trade war between the US and Canada by threatening new 50% tariffs on Canadian cars and trucks. This move comes after negotiations between the two countries broke down, with Canadian Prime Minister Mark Carney saying that Ottawa's decision to abandon talks was a response to Trump's desire to destroy Canada's steel, aluminum, and auto industries.

Carney has acknowledged the challenges of targeting such a large economy as the US but stated that 'everything is on the table'. Canadians have overwhelmingly supported their government's stance, with nearly two-thirds believing the trade crisis will make Canada stronger by reducing its dependence on Washington. Carney noted that while his tough approach is 'iconically Canadian', it may also resonate beyond Canada's borders.