Latest executive order imposes tariffs on import of vehicles and some parts
Federal Liberal Leader Mark Carney is reconvening the Canada-U.S. cabinet Thursday morning (March 27) in the wake of U.S. President Donald Trump’s latest tariff announcement – this time against the automotive industry.
On Wednesday, Trump signed an executive order to impose a 25-per-cent tariff on the import of automobiles and certain automobile parts, according to a fact sheet the White House posted on X. The tariff will be applied to imported passenger vehicles, light trucks, and key automobile parts, such a engines, transmissions, powertrain parts, and electrical components. There is also an option to expand the tariffs to additional parts, “if necessary.”