Trump threatens 50% tariffs on Canadian auto industry

In a latest round of tit-for-tat threats of tariffs, US and Canada

are both upping the stakes with US President Donald Trump

warning of a new, 50% taxes on vehicles and auto parts,

while Canadian Prime Minister Mark Carney advocates for

expanding trade relationships with global partners.

Leaders from both sides say they want a fair deal

with top officials from Ontario's premier to US Secretary of the Treasury

offering their take on what that might look like.

Just days after 50% tariffs on scores of Canadian imports kicked in

over the weekend, US President Donald Trump is threatening the same

on the Canadian auto industry.

In a latest press conference, US Secretary of the Treasury Scott Bessent

says Trump would like Canada to come back to negotiations "in good faith,"

while pointing fingers at Canadian Prime Minister Mark Carney and his

anti-Trump stance as reason for the fallout.

They were offered quite a good deal last week. They chose to reject it.

Unfortunately, Prime Minister Carney... Carney rose to power on an anti-American,

anti-Trump platform. I believe he was more than 20 points behind.

And, he seems to have gone back to his old playbook.

And I think one has to ask oneself: is he trying to benefit himself,

the Liberal Party or the Canadian people.

Across the border, Carney maintains the two sides were making

good progress but the deal blew up last minute when Trump asked

for too much. He advocates for expanding trade relations globally.

Ontario Premier Doug Ford, whose province is at the heart of the Canadian

auto industry, will likely have to embrace head on Trump's latest threats of

50% tariffs on the industry.

He says to constituents in Hamilton, Ontario, Monday that whatever

Trump throws their way, the country will "have your back." but he

warns the struggle will be real.

Across the border in Michigan, those who are taking a personal

hit from it all is feeling less inspired.