Trump Threatens 50% Tariffs on Cars, Trucks, Steel

U.S. President Trump has issued a new threat of increasing tariffs on cars, trucks, and steel to 50% starting January 1. This move follows the implementation of fresh tariffs on various Canadian goods valued at $28 billion, as trade talks collapsed. CBC’s Senior Business Reporter, Peter Armstrong, discusses the implications of proceeding without a tariff deal on Canada’s economy and the potential retaliatory tariffs pledged by Prime Minister Carney. For Front Burner transcripts, please visit the provided link. Subscribe to Front Burner on popular podcast platforms like Apple Podcasts, Spotify, and YouTube.