Canadian Prime Minister Reacts Strongly to US Auto Tariff Bomb, Promises Retaliation

Source
Korea Economic Daily

Summary

  • Canadian Prime Minister Mark Carney criticized the US's imposition of tariffs on foreign cars as a 'direct attack' and promised retaliatory measures.
  • Prime Minister Carney emphasized that while the US tariffs would be a 'blow' to the Canadian economy, Canada would respond strongly.
  • Canada is considering the possibility of imposing retaliatory tariffs on the US, and Prime Minister Carney plans to have a conversation with President Trump.

Prime Minister Carney: "US Tariffs are a Direct Attack"

When US President Donald Trump announced a 25% tariff on foreign cars, Canadian Prime Minister Mark Carney promised retaliation.

On the 26th (local time), Prime Minister Carney criticized the US auto tariff announcement as a "direct attack." He stated that Canada would take countermeasures to protect its interests.

According to Reuters, Prime Minister Carney mentioned the possibility of imposing retaliatory tariffs following President Trump's auto tariff announcement. He emphasized that while the US tariffs would be "a blow," Canada would respond strongly. He also added that he plans to speak with President Trump soon.

On the same day, President Trump signed an executive order imposing a 25% tariff on foreign cars imported into the US, following tariffs on steel and aluminum.

Reporter Subin Park, Hankyung.com waterbean@hankyung.com

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Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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