Summary
Donald Trump warned he may impose tariffs of 50 to 100% on Canadian-made cars, claiming Canada “stole” the U.S. auto industry.
The U.S. and Canada have had a deeply integrated automotive sector since the 1965 Auto Pact, later reinforced by NAFTA and CUSMA.
Trump also enacted 25% tariffs on steel and aluminum to protect U.S. industries.
Canadian Prime Minister Justin Trudeau vowed to push back, with Finance Minister Dominic LeBlanc traveling to Washington to meet Trump’s commerce pick and argue against the tariffs.
It’s not bluff when he actually does it. He did it last time, he just backed down afterward. But it wasn’t like there was zero damage. And he hasn’t backed down on other tariffs yet.
Yeah people don’t realize he isn’t bluffing about any of this stuff. He is just trying to get as many concessions out of them before he implements the tariffs anyway.