Canadian Prime Minister Mark Carney said on Thursday that the idea of entering into a customs union with the U.S.– essentially matching American tariffs on other countries like China –would be risky.
President Trump's newest tariffs sparked pledges by Canada's prime minster to 'fight' back while some said they were committed to working with partners and others look to take on Washington.
Canada’s new tariff will affect fully-built vehicles that will enter the country from the US. Automobiles and automotive spares account for a large portion of Canadian total value, apart from oil and gas. Canada is the largest importer of vehicles from the US and Canadian auto companies send over 90 percent of their goods to the US.
Canadian PM said that the revenue generated from these tariffs would be directed toward supporting the country's auto workers and the industry
Canadian Prime Minister Mark Carney announced on Thursday his country will impose 25-percent tariffs on U.S. auto imports that do not comply with the U.S.-Mexico-Canada Agreement (USMCA) on free
You can get in touch with James by emailing [email protected] Canadian Prime Minister Mark Carney's Liberal Party has extended its lead over the opposition Conservatives ahead of next month's federal election on April 28,
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OTTAWA (Reuters) -Canadian Prime Minister Mark Carney announced a limited set of counter measures against U.S. tariffs on Thursday while calling President Donald Trump's protectionist moves a tragedy for global trade.