[By Guancha Observer Network, Pan Yuchen, Liu Huaowen, Edited by Gao Shen] On April 8, the Canadian Ministry of Finance issued an announcement stating that it would impose a 25% tariff on American imported cars as a countermeasure. This retaliatory measure officially took effect at midnight EDT on April 9.
In particular, the Canadian government will impose a 25% tariff on American imported cars that do not comply with the US-Mexico-Canada Agreement and on American imported cars produced in countries other than Canada and Mexico but compliant with the US-Mexico-Canada Agreement.
François-Philippe Champagne, the Canadian Minister of Finance, stated that these tariffs imposed by the United States on Canada are unreasonable and baseless. The Canadian government will respond strongly and is committed to canceling these American tariffs as soon as possible to protect the workers, businesses, economy, and industries of Canada.
Champagne also mentioned that Canada will implement reduction plans for automobile manufacturers to encourage investment and production in Canada and help maintain jobs in Canada.
On April 3, Trump's measures to impose a 25% tariff on imported cars officially took effect. On the same day, Canadian Prime Minister Carney announced this reciprocal countermeasure at a press conference.
Carney stated at the press conference that the global economy "is fundamentally different today than it was yesterday," and the tariff measures announced by the United States will "seriously impact the global economy." "The old relationship of our steady and deep integration with the United States has ended. The era of the United States' economic leadership over the past 80 years has ended."
Carney also mentioned that Canada has filed a complaint with the World Trade Organization, believing that the United States' tariff measures violate international trade law.
Stellantis Assembly Plant in Windsor, Ontario, Canada - Reuters
Trump's car tariffs have already had an impact on Canada. According to reports from The Wall Street Journal, the auto assembly plant of Stellantis in Windsor, an Ontario border city, announced a two-week shutdown on April 2.
The Wall Street Journal cited warnings from local industry leaders that Trump's car tariff policy could lead to a halt in automobile manufacturing here.
According to official Canadian statistics, the total amount of automobiles imported from the United States to Canada reached 35.6 billion Canadian dollars in 2024. Previously, Canada has repeatedly countered U.S. tariff measures, imposing a 25% tariff on approximately 60 billion Canadian dollars worth of American products.
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Original source: https://www.toutiao.com/article/7491201695393841716/
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