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Shares of logistics and freight-related companies are trading lower after President Trump said in a social media post that tariffs on cars, trucks, automotive parts and steel from Canada will be increased to 50% from January 1, 2027. The tariffs are likely to curtail the profitability of lucrative U.S.-Canada cross-border logistics routes.

Benzinga News-desk www.benzinga.com Negative 97.2%
Neg 97.2% Neu 0% Pos 0%
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