World News@lemmy.worldEnglish · 1 day 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 · 1 day ago

cross-posted to:
[email protected]

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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Corkyskog@sh.itjust.works
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1 day ago
Yeah people don’t realize he isn’t bluffing about any of this stuff. He is just trying to get as many concessions out of them before he implements the tariffs anyway.

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