In a social media post on Monday, U.S. President Donald Trump threatened to hike tariffs on cars, trucks, auto parts and steel entering the U.S. from Canada to 50 per cent.

The president announced the new levies, effective Jan. 1, after Canada said it would retaliate against duties the U.S. implemented over the weekend.

The United States President, Donald Trump, has announced plans to increase tariffs on vehicles, automotive parts and steel imported from Canada to 50 per cent, accusing the…

President’s justification for starting the trade war is not based in reality