- President Trump announced a planned 50% tariff on Canadian cars, trucks and parts effective Jan. 1 — double the current 25% rate — raising the prospect of higher costs for automakers and buyers.
- Popular models and key plants are exposed: Canadian output feeds vehicles like the Chevy Silverado and Chrysler Pacifica, and Toyota/Honda exports make them especially vulnerable.
- Automakers are racing for a last‑minute deal and warn the move creates an uneven playing field versus Asia/Europe and could ripple through the U.S. auto supply chain and prices.
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