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Canada retaliates ‘reluctantly’ against U.S. auto tariffs

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Carney says President Trump's tariff order "will rupture" the global economy and increases the risk that the U.S. will fall into a recession.
From MarketWatch
Today is, in President Trump’s telling, “Liberation Day.”
From The New York Times
The dollar has lost its shine as a chief safety option primarily because of the home-grown turmoil unleashed by Trump tariffs that have heightened the risk of a U.S. recession.
From Reuters

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Prime Minister Mark Carney says Canada will match US auto tariffs
Prime Minister Mark Carney said Thursday that Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States. Trump's previously announced 25% tariffs on auto imports took effect Thursday.
Canada PM Carney Says U.S. Faces Recession Risk With Tariff Policy
Canadian Prime Minister Mark Carney says President Trump's tariff order "will rupture" the global economy and increases the risk that the U.S. will fall into a recession.
PM Mark Carney: Canada retaliates ‘reluctantly’ against U.S. auto tariffs
Prime Minister Mark Carney announced Thursday that Canada will impose matching 25% tariffs on vehicles imported from the United States, a direct response to President Trump’s auto tariffs that took effect the same day.
President Trump’s Tariff Plans
Today is, in President Trump’s telling, “Liberation Day.” For decades, many countries have imposed higher trade barriers on the United States than America does on them. In a Rose Garden event, Trump plans to strike back with tariffs that he claims will be “reciprocal” — ones that merely counter the penalties of other nations.
Senate rebukes Trump’s tariffs as some Republicans vote to halt taxes on Canadian imports
The Senate has passed a resolution that would thwart President Donald Trump’s ability to impose tariffs on Canada
Trump Is Set to Announce 'Reciprocal' Tariffs in a Risky Move That Could Reshape the Economy
White House trade adviser Peter Navarro has suggested that the new tariffs would raise $600 billion annually, which would be the largest tax increase since World War II. Treasury
Trump's tariffs dull the dollar's safe-haven sheen
The dollar, one of the world's safest places to park money in times of turmoil, has been shunned by investors as an option for now as uncertainty over tariffs and concern over their impact on U.S. growth intensify.
With Trump’s Tariffs, the Chasm Between Allies and the U.S. Widens
President Trump announced sweeping levies on countries across the world. The tariffs create a dilemma for longstanding friends — and an opportunity for foes.
Canada will respond to Trump tariffs 'with purpose and with force', Carney says
The PM has vows to hit back at American import taxes, having received no reprieve in the latest announcements.
Canada will fight US tariffs with 'countermeasures,' says PM Carney
Canada's Prime Minister vows to fight U.S. President Trump's tariffs with countermeasures:: Ottawa, Canada:: April 2, 2025:: Mark Carney, Canadian Prime Minister"We're in a situation where there's going to be an impact on the U.
Canada's PM Carney vows to ‘fight’ Trump’s tariffs, other world leaders weigh impact
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 to Hit U.S. Autos With Retaliatory Tariffs
Canadian Prime Minister Mark Carney said the tariff could raise up to C$8 billion, which would be used to help workers and companies affected by the Trump tariffs.
Daily Sabah1h
Canada will match US auto tariffs: PM Carney
Canada will match U.S. President Donald Trump's 25% auto tariffs with a tax on vehicles imported from the United States, Prime Minister Mark
Canada’s Carney Doesn’t Like Idea of a Customs Union With the U.S.
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.
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Canada's services PMI tumbles to near 5-year low on tariff concerns
The downturn in Canada's services economy deepened in March as U.S. tariffs and the start of a general election campaign led to an increase in economic uncertainty that cut client spending, S&P Global's Canada services PMI data showed on Thursday.
Fact Check: Canada PM Mark Carney speaks French, not ritualistic chant, at election rally
Canada’s Prime Minister Mark Carney is speaking French in a video from an election campaign rally, not performing a ritualistic chant, as was suggested by posts sharing the clip online.
Canadian prime minister says Canada will match US auto tariffs
Carney, a former two-time central banker in Canada and the UK, said Trump’s actions will reverberate in Canada and across the world.
The Canadian Press on MSN1h
Canada will match U.S. auto tariffs, Prime Minister Mark Carney says
Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25 per cent auto tariffs with a levy on vehicles imported from the United States. Carney says the tariffs will hit all vehicles that do not comply with the Canada-U.
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