turkeybr Canada’s Prime Minister Puts Tariffs on U.S.-Made Cars and Predicts Global Upheaval

Prime Minister Mark Carney said that Canada had introduced a 25 percent tariff on cars and trucks made in the United States in retaliation for the tariffs that went into effect Thursday morning on Canadian vehicles.
Five hours before the tariffs imposed by President Trump took effect, the automaker Stellantis told the union representing workers at its minivan and muscle car factory in Windsor, Ontario, that the plant would close Monday for two weeks so it could assess the effects of the tariffs, idling about 3,600 employees.
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 it imposed on March 4. That money, Mr. Carney said, would go toward helping workers and businesses affected by the U.S. tariffs.
“We take these measures reluctantly,” Mr. Carney said at a news conference after a meeting with Canada’s premiers. “And we take them in ways that’s intended and will cause maximum impact in the United States and minimum impact here in Canada.”
939betHe added, “We can do better than the United States. Exactly where that comes out depends on how much damage they do to their economy.”
Canada’s tariffs, Mr. Carney said, would exclude auto parts,66br.com and the country would still allow companies that make cars in Canada — Stellantis, Ford, General Motors, Honda and Toyota — to import vehicles built in the United States without paying tariffs.
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