Peter Schiff(@PeterSchiff):Trump is hitting Americans hard with 50% tariffs on Canadian autos, trucks, auto parts and steel. Americans purchase a lot of those goods from Canada, and those goods will now be vastly more expensive for Americans to buy, worsening the government-created cost of living crisis.

Peter Schiff

@PeterSchiff

Chief Economist & Global Strategist Chairman Founder Host Best-selling Author

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Peter Schiff@PeterSchiff

2026.08.24 14:44

Trump is hitting Americans hard with 50% tariffs on Canadian autos, trucks, auto parts and steel. Americans purchase a lot of those goods from Canada, and those goods will now be vastly more expensive for Americans to buy, worsening the government-created cost of living crisis.

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