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Canada Vows Economic Revenge on American Cars as Trump Spurs World’s Dumbest Trade War | The Canadian prime minister has hit back at the U.S. car industry.
The Canadian prime minister has hit back at the U.S. car industry.
On Thursday, the recently elected prime minister of Canada, Mark Carney, announced a new 25 percent tariff on American-made automobiles. The tariffs will apply to all vehicles that do not comply with the USMCA, the trade agreement between Canada, Mexico, and the U.S. that was signed into law several years ago. “Although their policy will hurt American families until that pain becomes impossible to ignore, I do not believe they will change direction, so the road to that point may indeed be long.
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