Trump threatens 50 percent New Year's Day tariffs on more Canadian goods

President Trump hit back at Canadian Prime Minister Mark Carney on Monday, threatening to hit imported cars, trucks, auto parts and steel with 50 percent tariffs.

The new tariffs would take effect on Jan. 1.

“Canada has been ripping off the United States of America for years,” he wrote on Truth Social. “Their ridiculously high tariffs on our Farmers and farm products has made life impossible for these great American Patriots, and has long created a 60 Billion Dollar Deficit between our two Countries. Not sustainable, and NOT ANYMORE!”

Trump said Canada will no longer “be treated like a State.”

“On Trade, and in other ways, also, they are among the worst Nations in the World to deal with,” he said. “They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US! They do 95% of their business with the U.S., with us, the exact opposite!”

This comes on the heels of Carney pulling his country’s negotiators from trade talks with the U.S. late Friday. Trump had said the U.S. and Canada had a deal to stop the impending 50 percent tariffs on more than $20 billion worth of Canadian goods, but it fell apart at the eleventh hour.

Carney withdrew his team after he said the U.S. presented last-minute changes that were “unfair, uneconomic and called into question the reliability of any deal.”

He vowed to “match those tariffs dollar for dollar” and that “additional measures” will be taken to support workers and business owners in Canada.

The two countries had been negotiating for weeks to stop the tariffs that Trump threatened over discriminatory treatment against U.S. goods.

The 50 percent tariffs went into effect at 12:01 a.m. EDT Saturday and affected goods from wine to hockey sticks to cement.

Canada is America’s second-largest trading partner behind Mexico. In 2025, exports and imports with Canada totaled an estimated $872.3 billion.