Canada Strikes Back: Carney Slaps 25% Tariff On US Cars Over Trump's "Unjustified" Move

Oneindia

Canada hits back after Trump’s sweeping tariffs by slapping a 25% tax on US vehicles. PM Mark Carney calls the US tariffs “unjustified, unwarranted and misguided.” Canada vows to defend workers and pivot trade ties globally. A full-blown economic battle brews across North America.    #CanadaVsUS #TrumpTariffs #MarkCarney #TradeWar #AutoTariff

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00:00And today I'm announcing that the Government of Canada will be responding by matching the U.S. approach.

00:06By matching the U.S. approach with 25% tariffs on all vehicles.

00:11The 80-year period when the United States embraced the mantle of global economic leadership,

00:16when it forged alliances rooted in trust and mutual respect,

00:20and championed the free and open exchange of goods and services, is over.

00:26Well, this is a tragedy.

00:56We will fight to bring each of these tariffs to an end.

01:17We're fighting in courts, challenging that these tariffs have been illegally imposed under U.S. law.

01:24We have filed disputes underscoring that they are in violation of our free trade agreement, CUSMA.

01:31We have gone to the World Trade Organization because these actions are against international trade law.

01:54My government understands that Canadians hurt by the unjustified tariffs will need our support.

02:13And to our workers producing sustainable, high-quality lumber in Smithers, Prince George and Elmsdale,

02:19to our workers extracting oil and gas around Fort McMurray and in northeastern B.C.,

02:30to our workers at the steel mills in Hamilton, Sault Ste. Marie and La Vosge,

02:35to our workers at auto assembly plants in Windsor, Ingersoll and Oakland.

03:05Just last evening, workers from Unifor Local 444, with whom I met last week,

03:32learned that their auto assembly plant in Windsor will be shutting down for at least the next two weeks.

03:38That's 3,600 workers who are now out of work.

05:01Don't miss out. Log on to OneIndia.com for more updates.

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