President Trump's threat to impose 50% tariffs on Canadian auto imports beginning January 1, 2027 is putting pressure on Ford and General Motors shares. Ford fell about 3.3% and GM declined about 1% on the day, though both remain up modestly year to date. The proposed tariffs would apply to cars, trucks, and auto parts imported from Canada, where GM and Ford have truck manufacturing operations. Analysts note the move could raise costs for automakers even as it aims to bring production back to the US, and that much could change before the January 2027 start date.
Ford Motor CompanyTrump's 50% tariff threat on Canadian auto imports raises costs for Ford's truck manufacturing in Canada.
General Motors CompanyGM's Canadian truck operations face higher costs from proposed 50% tariffs on auto imports.
