Prime Minister Mark Carney says Canada will impose matching 25 percent tariffs on vehicles imported from the United States, in response to U.S. auto tariffs kicking in on April 3.
Carney made the announcement on April 3, a day after U.S. President Donald Trump unveiled his “reciprocal” tariffs plan for the world. Canada was left out of this regime as it’s already impacted by U.S. tariffs related to Trump’s border security and drug trafficking concerns, with exemptions applied to products covered under the United States-Mexico-Canada Agreement. Canada is also subject to 25 percent tariffs Trump had previously announced on all steel and aluminum imports.
