Hundreds of Canadian workers, many in the steel and aluminum sectors, have been laid off as a result of U.S. President Donald Trump's tariffs, according to a major union and companies. Economists warned this was only the beginning as the impact of tariffs is expected to broaden the longer they are in place.

Whatever domestic economic gain comes from U.S. President Donald Trump’s new 25% tax on imported cars automakers in Japan, South Korea, Mexico, Canada

Industry dealers and analysts are reacting to the news of Trump's 25% tariffs on imported vehicles saying it will dramatically raise costs for all.