Retaliating to Trump Tariffs, Canadian Prime Minister Mark Carney on Thursday said that they will impose a 25 percent tariff on some autos imported from the United States.
Trump’s previously announced 25% tariffs on auto imports took effect Thursday.
Prime Minister Mark Carney announced “25 percent tariffs on all vehicles imported from the United States that are not compliant with CUSMA,” using the Canadian acronym for an existing North America free trade agreement, reported AFP.
However, Carney did not immediately offer detail on how many vehicles could be impacted by Canada’s retaliation.
Mark carney said that he told Trump last week in a phone call that he would be retaliating for the those tariffs.
“We take these measures reluctantly. And we take them in ways that is intended and will cause maximum impact in the United States and minimum impact in Canada,” Carney said.
Carney said Canada won’t put tariffs on auto parts as Trump has done, because he said Canadians know the benefits of the integrated auto sector. The parts can go back and forth across the Canada-U.S. border several times before being fully assembled in Ontario or Michigan.
Canadians are already seeing the impact, added the Prime Minister.
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