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Canada’s Auto Industry Is Split on a U.S. Tariff Deal: What It Means for Your Wallet

  Canadian Money Brief • Tariffs & Trade • Saturday, November 14, 2026 Ottawa is once again trying to land a tariff deal with Washington. This time, the biggest fight may be inside Canada's own auto industry, and the outcome could reach your paycheque, your car purchase and your savings. Canada's auto manufacturers agree on the goal: get U.S. tariffs on Canadian-built vehicles down. They do not agree on how fast to move or what to accept. According to a Globe and Mail report published overnight, the Detroit Three (Ford, GM and Stellantis) want a deal sooner rather than later, even an imperfect one, while Honda and Toyota are pushing Ottawa toward a very different design. It matters now because of the clock. Canadian-built vehicles already face a 25% U.S. tariff on their non-American content, and Washington has threatened to double the headline rate to 50% on January 1, 2027. Honda has warned that doubling would be catastrophic for the North American industry. Prime Minister...
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Trump Considers Restoring Ukraine Aid Amid Peace Talks

President Donald Trump is contemplating the restoration of aid to Ukraine, contingent on the initiation of peace talks and the implementation of confidence-building measures, according to White House national security adviser Mike Waltz. Waltz shared this information during a Wednesday interview with Fox News, stating that if negotiations can be nailed down and confidence-building measures put on the table, the president will take a hard look at lifting the pause on aid.

The potential for aid restoration could have a significant impact on the relationship between the U.S. and Ukraine. The decision to restore aid will ultimately rest with President Trump, who will take a "hard look" at the situation if these conditions are met. The proposed conditions include the establishment of peace talks and the introduction of measures aimed at building confidence.

The Trump administration has retorted that the minerals deal is a security commitment of its own and pushed to broker a quick resolution between Kyiv and Moscow. Zelensky reaffirmed his readiness to sign the deal in his statement on March 4, but CBS News reported that parameters are still unclear as Trump seeks better terms. 

The decision to restore aid will ultimately rest with President Trump, who, according to Waltz, will take a "hard look" at the situation if these conditions are met. The potential for aid restoration could have a significant impact on the relationship between the U.S. and Ukraine.

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