Fed up with Canada’s “ridiculously high” tariffs on American products, President Donald Trump on Monday announced he would increase tariffs on many Canadian products to 50% starting New Year’s Day.
In a post on truth Social, Trump said: “Canada has been ripping off the United States of America for years.
“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!
“On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%. Build in the U.S. and there are ZERO TARIFFS. Canada will be treated like a State no longer!
“On Trade, and in other ways, also, they are among the worst Nations in the World to deal with. 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! Thank you for your attention to this matter!”
On Sunday, Trump’s anger was visible, as he posted a brief message on the same subject, stating: “Canada wants the benefits of being a State, without being one!!! They have also charged our great farmers, for many years, massive amounts of Tariffs. No more!!!”
On Monday, U.S. Trade Representative Jamieson Greer indicated Canada was responsible for the collapse of trade-deal negotiations last week, telling CNBC that Ottawa changed its demands at the last minute.
“We progressed to a point Tuesday night where we had enough agreement among the parties to announce that we had we had found the way to a deal,” Greer told CNBC’s “Squawk Box.”
“Then we set about to finalize it, and then in the last hours, I think there were things that the Canadians just – you know, they wanted more,” he said.
🚨 WOW! The Trump White House just exposed that President Trump behind the scenes offered Canada the “BEST ACCESS to the US of any country in the world” — and they still wanted MORE
So 47 is slapping 50% tariffs on Canada.
That’s how FAFO plays out. Don’t test the… pic.twitter.com/eVHlSBSgKh
— Eric Daugherty (@EricLDaugh) August 24, 2026
In response to U.S.-Canada trade talks collapsing, Dan Kelly, president of the Canadian Federation of Independent Business, said: “While I don’t want to second guess the decision of the Canadian negotiating team to walk away from the trade talks, the impact on small businesses will be immediate and significant.”
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Bill comes due: U.S. trade deal with Canada turns to dust and Trump tariffs hit
