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Auto

Canada Poised to Counter Trump’s Auto Tariffs with Strategic Measures, Says Carney

In a recent announcement, Canadian Prime Minister Mark Carney expressed his intent to respond with undefined trade actions if U.S. President Donald Trump moves forward with new auto tariffs. These tariffs have not only escalated a global trade war but have also severely impacted stock markets. Last night, President Trump introduced a 25% tariff on imported vehicles, igniting international backlash and promises of retaliation from U.S. allies. Such measures have drawn considerable criticism, highlighting concerns over their…

Trump Advances Auto Tariffs, Escalating the Trade Conflict

US President Donald Trump has announced a 25% tariff on imported cars and light trucks set to take effect next week, further escalating the global trade tensions he initiated upon returning to the White House this year. Industry experts anticipate this move could raise vehicle prices and hinder production capabilities. "What we're going to be doing is a 25% tariff for all cars that are not made in the United States," Trump stated during a recent event in the Oval Office. The President views tariffs as a strategic method to…

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