Carney announces 25% tariffs on U.S.-made vehicles not compliant with CUSMA

Prime Minister Mark Carney imposed targeted tariffs on U.S.-made automobiles but stopped short of broader retaliatory levies in response to Donald Trump’s trade war against Canada and other global trading partners.Mr. Carney told a news conference Thursday that Ottawa will impose 25-per-cent Canadian tariffs on the non-Canadian components of American-made cars that are compliant with the United States-Mexico-Canada trade agreement, mirroring Mr. Trump’s auto tariffs on Canada and Mexico. The countertariffs would also affect American cars that are not compliant with USMCA, but not auto parts or Mexican-made cars.