Carney Says Canada Will Impose Matching Tariffs on US Autos

Prime Minister Mark Carney said Canada will impose matching 25 percent tariffs on vehicles imported from the United States, in response to U.S. car 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 already is impacted by U.S. tariffs related to Trump’s border security and drug trafficking concerns, with exemptions applied to products covered under the USMCA.
“While it’s progress that further tariffs were not imposed on Canada yesterday, the president’s actions will reverberate here in Canada and across the world,” Carney said, adding that all sets of tariffs imposed under different premises are “unjustified, unwarranted, and in our judgment, misguided.”…