{"id":58417,"date":"2025-04-08T22:09:14","date_gmt":"2025-04-08T22:09:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/08\/canada-to-impose-counter-tariffs-on-u-s-auto-imports-on-wednesday\/"},"modified":"2025-04-08T22:09:14","modified_gmt":"2025-04-08T22:09:14","slug":"canada-to-impose-counter-tariffs-on-u-s-auto-imports-on-wednesday","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/08\/canada-to-impose-counter-tariffs-on-u-s-auto-imports-on-wednesday\/","title":{"rendered":"Canada to impose counter-tariffs on U.S. auto imports on Wednesday"},"content":{"rendered":"<p> \n<br \/><\/p>\n<p>                    <iframe loading=\"lazy\" title=\"Trump&#039;s Trade War Stalls Manufacturing Investment\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/0XfMoRl6m6g?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><br \/>\n                    <\/iframe><\/p>\n<p> Retaliatory Canadian tariffs<\/p>\n<p>                 on U.S. auto imports will go into effect Wednesday at 12:01 a.m. ET, Ottawa has announced. <\/p>\n<p> The measures slap a 25 per cent levy on all non-<\/p>\n<p>                CUSMA<\/p>\n<p>                 compliant autos imported into Canada from the U.S., plus 25 per cent on the U.S.-made content of CUSMA-compliant vehicles. <\/p>\n<p> Prime Minister <\/p>\n<p>                Mark Carney<\/p>\n<p>                 had announced the measures on April 3, the same day 25 per cent U.S. tariffs on Canadian vehicles came into effect and a day after U.S. President <\/p>\n<p>                Donald Trump<\/p>\n<p>                 imposed sweeping &ldquo;reciprocal&rdquo; tariffs on America&rsquo;s trading partners. <\/p>\n<p> The Canadian measures will not hit the Canadian and Mexican made components of completed vehicles, nor will they affect auto parts. A separate U.S. measure targeting Canadian auto parts is due to go into effect on May 3. <\/p>\n<p> &ldquo;Canada continues to respond forcefully to all unwarranted and unreasonable tariffs imposed by the U.S. on Canadian products,&rdquo; Finance Minister <\/p>\n<p>                Fran\u00e7ois-Philippe Champagne<\/p>\n<p>                 said in a media release Tuesday. <\/p>\n<p> &ldquo;The government is firmly committed to getting these U.S. tariffs removed as soon as possible, and will protect Canada&rsquo;s workers, businesses, economy and industry.&rdquo; <\/p>\n<ul class=\"related_links\">\n<li>Canadian frackers caught up in Ottawa&#8217;s counter tariffs<\/li>\n<li>Ripple effects of tariffs compound Canada\u2019s economic headwinds<\/li>\n<\/ul>\n<p> Details of a remission framework to direct proceeds of the tariffs to support the auto industry and affected worker would be forthcoming, the Department of Finance statement said. <\/p>\n<p> <em><strong>Bookmark our website and support our journalism:<\/strong> Don\u2019t miss the business news you need to know \u2014 add financialpost.com to your bookmarks and sign up for our newsletters here.<\/em> <\/p>\n\n<br \/>Canada to impose counter-tariffs on U.S. auto imports on Wednesday<\/a><br \/>\n<br \/>2025-04-08 22:09:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retaliatory Canadian tariffs on U.S. auto imports will go into effect Wednesday at 12:01 a.m. ET, Ottawa has announced. The measures slap a 25 per cent levy on all non-&#8230;<\/p>\n","protected":false},"author":2,"featured_media":58419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":{"0":"post-58417","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=58417"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58419"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}