Canada imposes retaliatory tariffs in response to US levies
Photo: Canadian Prime Minister Mark Carney (Getty Images)
Canada is imposing retaliatory tariffs in response to US levies. The new measures include tariffs on vehicles, the official website of the Canadian Ministry of Finance reports.
Today, April 9, Canada introduced retaliatory tariffs on vehicles from the US in response to new trade restrictions imposed by the US government.
A 25 percent tariff will be imposed on all cars that do not meet the requirements of the Canada-United States-Mexico Agreement (CUSMA), as well as on vehicles that contain materials not sourced from Canada or Mexico.
Prime Minister of Canada Mark Carney stated that this move is in response to the trade crisis caused by US President Donald Trump's policies.
"President Trump caused this trade crisis - and Canada is responding with purpose and with force," Carney noted in his social media post on X.
Finance Minister François-Philippe Champagne also announced that the new countermeasures, announced last week in response to the US tariffs on Canada's automotive industry, came into effect on April 9.
"Canada continues to respond firmly to all unjustified and unreasonable tariffs imposed by the United States on Canadian goods. The government is firmly committed to the swift removal of these US tariffs and to protecting Canadian workers, businesses, the economy, and industry," Champagne emphasized.
Tariff war between US and Canada
On Saturday, February 1, US President Donald Trump signed an executive order imposing a 25% tariff on Canadian and Mexican imports, as well as a 10% tariff on goods from China. The restrictions were set to take effect on February 4.
The plan also includes the imposition of a 10% tariff on energy products from Canada.
