Welcome to ZisNews!

Read your favorite news, except the excluded topics, by you. Register
No overlapping ads for registered users

Canada hits back with 25% tariffs on US auto imports after Donald Trump's move

Posted on: Apr 03, 2025 22:16 IST | Posted by: Hindustantimes
Canada hits back with 25% tariffs on US auto imports after Donald Trump's move

In a tart response to US chairwoman Donald Trump's freshly imposed 'reciprocal' tariffs, Canada on th proclaimed that it would impose a 25% tariff on some US auto imports.

Prime Minister Mark Carney confirmed that 25 per cent tariffs will be levied on all vehicles imported from the United States that are not compliant with CUSMA, reported AFP.

CUSMA is the acronym for the Canada-United States-Mexico Agreement, an existing North American free trade agreement.

Trump tariffs announcement LIVE: French President urges companies to pause US investments

The move is a direct retaliation to Donald Trump's levies, indicating escalating trade tensions between the two nations.

Carney described Canada's retaliation as "focused and calibrated," aiming to minimise disruptions. The Canadian leader, however, did not immediately offer details on how many vehicles could be impacted by Ottawa's tariffs.

The Canadian tariff comes days after the United States, under the leadership of Donald Trump, announced a 25 per cent tariff on overseas auto imports, saying it would boost domestic manufacturing and generate $100 billion annually.

Also Read | Donald Trump announces 26% tariff on imports from India: ‘A great friend but…’

While announcing the duties, Trump said he expected the move to drive factory openings in the United States and eliminate what he calls a “ridiculous” supply chain spanning the United States, Canada, and Mexico.

Trump has consistently maintained that auto import tariffs are a key policy of his presidency, expecting the added costs to push more production to the United States and reduce the budget deficit.

US President Donald Trump announced reciprocal tariffs against other countries on Wednesday during an event at the Rose Garden of the White House.

The tariffs ranged from 10 per cent to 49 per cent. The US President levied a 26 per cent tariff on India, 34 per cent on China, 46 per cent on Vietnam, 10 per cent on the UK, 49 per cent on Cambodia and 25 per cent on South Korea.

Trump, who has dubbed the announcement on April 2 as 'Liberation Day', said, “Taxpayers have been ripped off for more than 50 years. But it is not going to happen anymore.”

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Login to Like (0) Login to Dislike (0)

Login to comment.

No comments yet.