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Canada Imposes Retaliatory Tariffs on U.S. Autos, Effective from the 9th
2025-04-09 /
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Author：小编
On April 8th, Canadian Finance Minister Bill Morneau announced that retaliatory tariffs of 25% would be imposed on U.S. automobiles, with the measure set to take effect at 00:01 Eastern Time on the 9th. Minister Morneau emphasized that Canada would continue to respond decisively to all unjustifiable tariffs imposed by the United States on Canada, and remains committed to eliminating these tariffs as expeditiously as possible to safeguard Canadian workers, businesses, the economy, and the industrial sector. Furthermore, Canada will introduce a relief program for automobile manufacturers, aimed at incentivizing their production and investment in Canada, thereby aiding in the preservation of employment.
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