Canada to Initiate Countermeasures on U.S. Auto Imports

Canada to Initiate Countermeasures on U.S. Auto Imports

The Canadian government has confirmed the implementation of countermeasures against auto imports from the United States. According to Canada's Minister of Finance, François-Philippe Champagne, these measures will be effective from 12:01 a.m. on April 9. The action follows the imposition of tariffs by the United States on Canada's auto industry.

François-Philippe Champagne stated that these countermeasures are in response to what Canada views as unwarranted U.S. tariffs, aiming to prompt a reconsideration of the trade positions by the United States. For more details, the Canadian government’s rationale can be found in the statement issued by the Ministry of Finance.

These developments reflect the ongoing exchanges between Canada and the U.S. regarding trade policies, specifically in the automotive sector.