The Cool Down
Trump threatens 50% tariffs on Canadian-built Silverados, RAV4s, and CR-Vs
xCruzo Brief
President Donald Trump threatened to raise U.S. tariffs on vehicles, trucks, and auto parts made in Canada from 25% to 50%, starting January 1, 2027, after trade talks with Ottawa collapsed. Reuters reports the warning could translate into higher prices for popular models already highly demanded in the U.S., including the 2027 Chevrolet Silverado, Toyota RAV4, and Honda CR-V, which rank among the four best-selling vehicles in the United States in 2025. The impact would vary by assembly site and whether U.S.-market versions are built in Canada. Canada’s role also extends to models like the Honda Civic, Lexus RX/NX, Chrysler Pacifica, and Dodge Charger.
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