Mark Carney says Canada will match Trump’s 25% auto tariffs

Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25 per cent auto tariffs with a duty on vehicles imported from the United States.

The levy will impact all vehicles that do not comply with the Canada-U.S.-Mexico Agreement and any non-Canadian content in compliant vehicles, but they will not affect vehicle content from Mexico.

Trump’s tariffs on Canada “are all unjustified, unwarranted and — in our judgement — misguided,” Carney said following a virtual meeting with his provincial and territorial counterparts Thursday morning.

“We are already seeing the consequences.”

READ MORE: Windsor Assembly Plant down for two weeks due to automobile tariffs

Unifor local 444 announced Wednesday night the Stellantis auto assembly plant in Windsor, Ont., will shut down for at least two weeks and warned that the Trump tariffs are causing uncertainty in the auto industry.

Carney says he’s working on creating a “framework” for auto producers in Canada to get relief from the countertariffs.

“Every dollar raised, which is about $8 billion, before the remission, will go directly to our autoworkers and the companies affected by these tariffs,” he said.

“This is in addition to the $2 billion fund to build a new Canadian-made auto sector, which I announced a new Liberal government would put in place if we were elected.”

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On Wednesday, Trump unveiled his list of countries that would be affected by “reciprocal tariffs.” While Canada was not on the list, Carney says “there will be impacts on millions of Canadians across the country.”

– With files from The Canadian Press