Canada will hit the US with a reciprocal 25% tariff on all imported autos, Prime Minister Mark Carney introduced Thursday — as he referred to as President Trump’s Liberation Day tariffs a “tragedy” for international commerce.
Trump’s sweeping tariffs defined
Carney stated the tariff’s will goal all autos that aren’t compliant with the US-Mexico-Canada commerce offers, assuring Mexico that the brand new tariff’s is not going to apply to the southern nation.
The prime minister touted that the blow ought to steer America away from its protectionist insurance policies, however contended that the commerce battle might solely simply be getting began.
“Given the prospective damage to their own people, the American administration should eventually change course,” Carney instructed reporters. “But I don’t want to give false hope.”
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