Economy · Ottawa, Canada · October 27, 2026

Trump threatens 50% Canada auto tariffs; Carney sees progress

Reported by 2 outlets · first reported Oct 27, 12:36 AM ET

Trump threatens to double tariffs on Canadian vehicles to 50%. Carney says Trump is moving toward Canada's demands. Honda warned of catastrophe for the industry.

Why it matters

Car prices and jobs in both countries are at stake.

Background

The US and Canada are negotiating a trade deal.

The story so far

1. Oct 22US embassy says Canada brushing off election interference concerns
2. Oct 27Trump threatens 50% Canada auto tariffs; Carney sees progress
3. Nov 1Trump says Canada trade deal close after Carney talks
4. Nov 4Canada eyes tariff relief after US midterms

Follow the whole story →

Sources

• The Hindu ↗Oct 27, 12:36 AM ET
• CNBC ↗Oct 27, 1:53 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

See it on the globe →All of Oct 27's stories