Mark Carney says Canada to match vehicle tariffs in response to Trump levies
Mark Carney says Canada to match vehicle tariffs in response to Trump levies
Prime Minister Mark Carney says Canada will match U.S. tariffs on vehicles that are not compliant with the North American free trade deal, following a First Ministers’ meeting Thursday morning.
Hell ya! 100% tariff on Teslas please.
I want this too, but Carney's plan seems like the level headed response we need
A really big part of me wishes we would do this but a smaller part of me thinks that the approach of Carney to less provocatively disentangle our economies while minimizing harm to our workers and industries is actually for the best
That said, I do believe that Teslas actually contain very little if any Canadian parts, so even a flat-out ban on Tesla imports will likely do little harm to Canadian workers. And while we don't really make much electric vehicles locally, we can import European ones which would help tighten our relations with them as a bonus.
Notably the Canadian countermeasure will have no tariffs on Mexican auto products and none on car parts from US or Mexico, unlike the US side tariffs.
I think tariffing auto parts would end up punishing people who already have an American car and need to repair it.
You'd think. But a lot of "import" brands manufacture in North America....well, for the vehicles that are for the domestic market anyway. Won't effect boy racer and his Skyline....
US tariffs on parts start on May 3.
Good lad 👍