Canadian Prime Minister threatens retaliatory measures to Trump's tariffs on imported cars
US President Donald Trump announced the introduction of a 25% tariff on imported cars. Canada promises to respond and does not rule out countermeasures, said Canadian Prime Minister Mark Carney, according to Reuters.
"We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together," he said.
According to Reuters, the tariffs are expected to harm the highly integrated North American automotive industry.
In addition, Canada has already announced a package of corresponding tariffs totaling 155 billion Canadian dollars. According to the country's statement, these will be implemented gradually depending on Trump's actions.
When asked when Canada would respond, Carney replied that it would happen soon but did not provide any details.
"It will happen soon ... we have options. We can introduce retaliatory tariffs," said the Prime Minister.
Carney, who had already considered non-tariff measures, such as imposing export tariffs on goods sent to the US, stated that it would be appropriate to talk to Trump soon. The two leaders have not communicated since Carney assumed office as Prime Minister in early March.W
What preceded this
On Wednesday, March 26, Donald Trump announced that the United States would impose a 25% tariff on all cars entering US territory (specifically, cars imported for purchase/sale, produced abroad). The new measures, which Trump had previously delayed, will come into effect on April 2. At the same time, he noted that if a company manufactures cars within the US, the tariff will not apply.
For more details, read the full article by RBC-Ukraine.
