World News@lemmy.worldEnglish · 18 hours ago

Trump threatens Canadian cars with tariffs up to 100%

globalnews.ca

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Trump threatens Canadian cars with tariffs up to 100%

globalnews.ca

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World News@lemmy.worldEnglish · 18 hours ago

Trump threatens Canadian cars with tariffs up to 100% - National | Globalnews.ca

globalnews.ca

In an sit-down interview with Fox News, U.S. President Donald Trump said Canada “stole” the automobile industry from the United States.

Summary

Donald Trump warned he may impose tariffs of 50 to 100% on Canadian-made cars, claiming Canada “stole” the U.S. auto industry.

The U.S. and Canada have had a deeply integrated automotive sector since the 1965 Auto Pact, later reinforced by NAFTA and CUSMA.

Trump also enacted 25% tariffs on steel and aluminum to protect U.S. industries.

Canadian Prime Minister Justin Trudeau vowed to push back, with Finance Minister Dominic LeBlanc traveling to Washington to meet Trump’s commerce pick and argue against the tariffs.

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ShepherdPie@midwest.social
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6 hours ago
This is the dude who replaced NAFTA with our current trade agreement with Canada and Mexico and can’t stop talking about how terrible the trade agreement with Canada and Mexico is. I don’t think he understands a lot outside of manipulation.

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