
Canada says old trade relationship with the US is “over”
With much of the global automotive industry still reeling from the Trump administration’s punishing and “permanent” 25% across-the-board tariffs on vehicle imports, Canada has promised a response is on the way. New Prime Minister Mark Carney called the new tariffs a “direct attack”, telling reporters on 27 March that his cabinet would shortly convene to formulate their response; however, it remains to be seen whether this means reciprocal tariffs.
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Originally posted on: https://www.automotiveworld.com/news/canada-says-old-trade-relationship-with-the-us-is-over/