President Trump is considering imposing a hefty tariff, potentially 50% to 100%, on Canadian-made automobiles. He claims Canada 'stole' the car industry from the U.S. and that tariffs are necessary to protect American jobs and economic interests.
says he is considering an additional tariff on Canadian-made cars, which could be as high as 50 to 100 per cent.“If you look at Canada , Canada has a very big car industry. They stole it from us. They stole it because our people were asleep at the wheel,” Trump said.
He added, “If we don’t make a deal with Canada, we’re going to put a big tariff on cars. Could be a 50 or 100 per cent because we don’t want their cars. We want to make the cars in Detroit.”The automobile manufacturing sector and its supply chain in Canada and the United States have been deeply integrated since the 1960s.In 1965, former prime minister Lester B. Pearson and former U.S. president Lyndon B.
In 2018, NAFTA was replaced by the Canada-United States-Mexico Agreement , which is up for re-negotiation in 2026.“It’s a big deal. This is the beginning of making America rich again,” Trump said as he signed the orders in the Oval Office.The Trump administration said the move was meant to shore up the U.S. steel and aluminum industries and to protect America’s economic and national security.
TRADE TARIFFS AUTOMOTIVE INDUSTRY CANADA UNITED STATES
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