Canada Hits US Autos With Tariffs, Mirroring Trump’s Move
April 3, 2025
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0:43Now PlayingCanada Hits US Autos With Tariffs, Mirroring Trump’s Move
YouTube Description
as posted by the channelCanada will put 25% retaliatory tariffs on US-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said Thursday.
The Canadian tariffs will apply to vehicles that aren’t compliant with the US-Mexico-Canada Agreement, and on the “non-Canadian content” in cars and trucks that are shipped from the US under the rules of that trade deal.
In other words, the Canadian auto taxes largely mirror the structure of the US auto tariffs — but they won’t apply to auto parts.
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