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How U.S. tariffs on cars could hit Canadians

Donald Trump's weapon of choice in the trade standoff between Canada and the U.S. has, up to this point, been tariffs. The president has most recently put the crosshairs on vehicles, and should Canada be slapped with more tariffs, workers and consumers could be the biggest losers.

Last week, as he was en route to Singapore from the G7 summit, Trump threatened to impose tariffs of 25 per cent on Canadian cars. It was part of his pushback against Prime Minister Justin Trudeau's assertion that Canada wouldn't be "pushed around."

Those threats have yet to materialize into formal duties on cars, but this week Republican Congressman Kevin Cramer warned Canada that the president isn't playing around and Canada should brace itself for auto tariffs...

This was excerpted from the 18 June 2018 edition of CBC News.

Topic(s)

Trade Agreements
International Trade and Border Management

Information source

Canadian News Channel
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