April 8, 2025

Canada to impose 25% counter-tariffs on U.S. vehicles from April 9

Investing.com -- Canada’s federal finance ministry announced on Tuesday that the country will begin imposing a 25% counter-tariff on certain U.S.-made vehicles starting April 9. The decision, which was initially announced last week, is a response to existing U.S. tariffs on the Canadian auto sector.

According to the ministry’s statement, these countermeasures will stay in effect until the U.S. removes its tariffs against the Canadian auto industry. This move emphasizes the ongoing trade tensions between the two neighboring countries, with the auto industry at the center of the dispute.

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