Canada is retaliating against US tariffs

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Canadian Prime Minister Mark Carney announced limited counter measures against US auto tariffs on Apr 3, imposing a 25% tariff on vehicles imported from the United States that are not compliant with the US-Mexico-Canada trade deal.

Carney, who replaced Justin Trudeau as prime minister last month, said the new tariffs would not apply to auto parts and would not affect vehicle content from Mexico. 

He said the tariffs collected from Canada's latest measure, estimated to be about C$8 billion before a so-called remission process for tariff relief, will go directly to auto workers and others affected.