No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Tariffs Could Bring Canada Auto "To Its Knees"

Friday, August 28, 2026


President Trump announced plans to increase tariffs to 50% on Canadian automobiles, trucks, automotive parts, and steel beginning January 2026. Linda Hasenfratz, Executive Chair of Linamar, stated that such tariffs would impact the automotive industry, which has operated under free trade agreements with the United States for decades.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-28/tariffs-could-bring-canada-auto-to-its-knees-video

Next story

97-year-old woman rescued after Nepali floods looked like 'a warrior'