Trump says 50% tariffs on Canadian vehicle, steel imports to hit Jan 1

President Donald Trump threatened Monday to impose 50% tariffs on Canadian-made vehicles, auto parts and steel beginning in January 2027, accusing Canada of "ripping off" the United States for years.Trump issued the warning in a Truth Social Post, writing, "WE DON’T NEED CANADA, THEY NEED US!""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!" the president's post read.GET FOX BUSINESS ON THE GO BY CLICKING HEREThis is a developing news story; check back for updates.