Yahoo Finance

Trump says the US doesn't need Canada's cars. Does it add up?

Addressing World Economic Forum attendees, President Donald Trump claimed the United States doesn’t need Canada’s cars, lumber, or oil. Yahoo Finance's senior reporter Pras Subramanian appears on Market Domination Overtime to discuss Trump’s trade stance, highlighting that 10% of US cars are made in Canada and that tariffs could raise prices. The topic shifts to how tariffs on Canadian aluminum could raise costs for US products like cars and aircraft parts, impacting companies such as Alcoa (AA) and Boeing (BA). To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Josh Lynch