Canadian PM Vows To 'Fight' Trump's Sweeping Tariffs With 'Counter Measures'
Canadian Prime Minister Mark Carney on Wednesday pledged to "fight" against US President Donald Trump's tariffs
Canadian Prime Minister Mark Carney on Wednesday pledged to “fight" against US President Donald Trump’s tariffs, saying that they would significantly alter the global trading system.
While Trump’s latest tariff announcement had a smaller impact on Canada compared to other major US trading partners, Carney emphasised that American duties on steel, aluminum, and automobiles would have a direct impact on millions of Canadians.
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“We are going to fight these tariffs with countermeasures," Carney said in Ottawa.
A White House fact sheet said goods imported under the existing Canada-U.S.-Mexico Agreement on trade will not face Trump’s latest round of reciprocal tariffs.
Speaking at the White House, Trump presented a chart displaying the new tariff rates: 34% on Chinese imports, 20% on goods from the European Union, 25% on South Korea, 24% on Japan, and 32% on Taiwan.
“Our country has been looted, pillaged, raped, plundered by nations near and far, both friend and foe alike," Trump declared. “They rip us off, it’s so pathetic. Now, we’re going to charge."
He further noted the disparity in auto tariffs, noting that while the US imposes a 2.4% tariff on motorcycles, countries like India and Vietnam charge 70% and 75%, respectively.
He announced that a 25% tariff on all foreign-made automobiles would take effect at midnight. The US is also imposing 25 per cent tariffs on all steel and aluminium imports into the U.S., including from Canada.
The White House confirmed that Canada and Mexico are exempted from new tariffs under IEEPA orders on fentanyl and migration. USMCA-compliant goods remain tariff-free, while non-compliant imports face a 25% tariff (10% for energy and potash). If the orders are lifted, a 12% tariff will apply.
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