• Updated

Canada will announce retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday. President Donald Trump told Canadian leaders to “fall in line” or face consequences “far WORSE” than existing tariffs, while Prime Minister Mark Carney accused Washington of trying to subordinate Canada. Trump also threatened new 50% tariffs on Canadian vehicles, auto parts and steel, while Carney said U.S. trade demands showed Washington wanted to “destroy our major industries,” including autos, steel and aluminum. The fiery words from both sides show how U.S.-Canada relations have deteriorated since Carney walked away from trade negotiations with the Trump administration late Friday.

  • Updated

This photo provided by Toyota shows the 2023 Prius, whose redesign that year brought headturning looks and improved performance to accompany its longstanding fuel efficiency. (Courtesy of Toyota Motor Sales U.S.A. via AP)

  • Updated

This photo provided by Toyota shows the GR Supra, the automaker's sports car that is going out of production. It boasts a 382-horsepower engine, an engaging driving experience and an available manual transmission. (Courtesy of Toyota Motor Sales U.S.A. via AP)

  • Updated

President Donald Trump says car companies are thriving due to tariffs and other key policies he's instituted as president. During a rally this week at a General Motors facility in Michigan, the Republican drove the point home repeatedly, saying his tariffs had revived domestic auto production. However, tariffs have cost Michigan businesses billions of dollars and fueled inflation. Michigan, in particular, faces economic challenges given its deep ties to Canada, which Trump has singled out for a new round of import levies. Some auto companies plan to increase U.S. production, but the benefits from those efforts won't be immediate. While Trump's base remains loyal, economic worries are beginning to surface.

  • Updated

President Donald Trump says his economic policies have revived the auto industry and American manufacturing. His comments in the Detroit suburb of Milford on Monday came as many businesses there contend that sweeping tariffs he's imposed against Canada and the rest of the world have hurt Michigan. The Republican president watched General Motors vehicles compete in drag races and looked at other vehicles at a GM facility before he delivered a speech. His tariffs have affected many businesses in Michigan, where the economy relies heavily on trade with Canada.