President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027, following a breakdown in trade negotiations last week.

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“Canada has been ripping off the United States of America for years,” Trump wrote in a Truth Social post, accusing the long-time trading partner of hurting U.S. farmers through its own tariff policies.

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“Not sustainable, and NOT ANYMORE!” he wrote. “On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%.”

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