President Donald Trump has hinted at increasing the 25% tariff on Canadian automobile imports on Thursday, suggesting the U.S. auto industry would be better off without Canadian involvement.
What Happened: “I really don’t want cars from Canada. So, when I put tariffs on Canada, they’re paying 25%, but that could go up in terms of cars. When we put tariffs on, all we’re doing is saying, ‘We don’t want your cars, with all due respect.’ We really want to make our own cars — which is what we’re doing, in record numbers,” Trump said from the Oval Office.
The comments come amid ongoing trade tensions after the Trump administration imposed …