Thursday, May 22, 2025
  • العربية
  • Français
  • Home
  • News
  • Politics
  • Sports
  • Business
  • Opinion
  • About Us
  • Contact Us
  • Privacy Policy
  • Login
  • Register
No Result
View All Result
No Result
View All Result
Home @NYTimes

Trump and Tariffs Enter the Scene Only Days Into Canada’s Election Campaign

March 29, 2025
in @NYTimes, Business
Reading Time: 3 mins read
0 0
A A
0
Trump and Tariffs Enter the Scene Only Days Into Canada’s Election Campaign
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

New York Times - Business

https://static01.nyt.com/images/2025/03/28/multimedia/28canadaletter-carney-hmlt/28canadaletter-carney-hmlt-mediumSquareAt3X.jpg

Related posts

JPMorgan’s Dimon warns of US stagflation risk: Report

JPMorgan’s Dimon warns of US stagflation risk: Report

May 22, 2025
Trump Administration Wrongly Impounded Infrastructure Aid, Watchdog Finds

Trump Administration Wrongly Impounded Infrastructure Aid, Watchdog Finds

May 22, 2025

Without advance notice to Canada, the U.S. president put the auto industry into turmoil with a 25 percent tariff.

On Wednesday, Prime Minister Mark Carney’s election campaign had brought him to the bridge between Windsor, Ontario, and Detroit, over which $300 million worth of auto parts cross daily.

Prime Minister Mark Carney announced his auto industry survival plan in Windsor, Ontario.Blair Gable/Reuters

He unveiled a series of promises of programs for workers and auto-related industries that would be rolled out if President Trump imposed tariffs on products from the Canadian auto industry. Among them was a proposed fund of 2 billion Canadian dollars to reshape the industry for a future without the U.S. market.

The stakes are high. Cars and auto parts are the country’s second-biggest export by value and an employer, directly and indirectly, of about 500,000 people, accounting for 10 percent of manufacturing gross domestic product.

But what Mr. Carney, nor anyone else in the Canadian government, knew at that time was that a few hours later the program would no longer be something for an emergency situation.

Mr. Trump, without first informing Canada, announced that he was imposing 25 percent tariffs effective April 2 on all imports of cars and auto parts, with no exemption for Canada.

0 0 votes
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Most Voted
Newest Oldest
Inline Feedbacks
View all comments
  • Home
  • News
  • Politics
  • Sports
  • Business
  • Opinion
  • About Us
  • Contact Us
  • Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • العربية
  • Français
  • Home
  • News
  • Politics
  • Sports
  • Business
  • Opinion
  • About Us
  • Contact Us
  • Privacy Policy
  • Login
  • Sign Up
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply