Canada to Impose 25% Tariffs on US Cars
Digest more
Top News
Overview
Impacts
The Hill |
Carney said he expects the counter-tariffs to generate up to approximately $8 billion and said “every single dollar raised from those counter-tariffs… will go directly to our auto workers and the com...
Wall Street Journal |
Canada is the U.S.’s largest export market for cars.
The New York Times |
Mr. Carney estimated that Canada would collect about $5.7 billion from the retaliatory tariffs he said it was imposing — on top of the $42 billion or so he said Canada would generate from the tariffs ...
Read more on News Digest
Canadian and Mexican goods that are compliant with the U.S.-Mexico-Canada Agreement will continue to be tariff-free, the White House has said. An administration official said Wednesday that new reciprocal tariffs wouldn't apply to Mexico and Canada,
As President Trump pushes his massive global tariffs into effect, America’s former trading partners are designing their own, retaliatory tariffs, that are sure to have a walloping effect on Americans’ pocketbooks.
Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline, although previous duties remain in place.
Economists say that anywhere from 10 per cent to 20 per cent of U.S.-bound shipments can’t feasibly be made compliant
Canadian Prime Minister Mark Carney responded to President Donald Trump's tariffs with retaliatory 25% levies on all U.S. vehicles not compliant with the USMCA agreement.
Donald Trump's latest round of tariffs had two notable omissions: Mexico and Canada. But the two nations are still subject to preexisting tariffs.
7h
InformNNY on MSNMexico: USMCA survives Trump’s tariffsMexico and Canada weren’t part of the conversation on Wednesday, although they still face specific levies announced last month. Trump imposes 10% global tariffs; higher rate for ‘worst offenders’ “We are in a new global economic structure in which Mexico has the best conditions,
News that Canada and Mexico are excluded from President Trump’s reciprocal tariff regime is a positive sign, giving a competitive advantage to the USMCA partners over other nations, said Pedro Casas Alatriste,
OTTAWA (Reuters) -Canadian Prime Minister Mark Carney announced a limited set of counter measures against U.S. tariffs on Thursday while calling President Donald Trump's protectionist moves a tragedy for global trade.