on U.S. auto imports will go into effect Wednesday at 12:01 a.m. ET, Ottawa has announced.
The measures slap a 25 per cent levy on all non-
compliant autos imported into Canada from the U.S., plus 25 per cent on the U.S.-made content of CUSMA-compliant vehicles.
Prime Minister
had announced the measures on April 3, the same day 25 per cent U.S. tariffs on Canadian vehicles came into effect and a day after U.S. President
imposed sweeping “reciprocal” tariffs on America’s trading partners.
The Canadian measures will not hit the Canadian and Mexican made components of completed vehicles, nor will they affect auto parts. A separate U.S. measure targeting Canadian auto parts is due to go into effect on May 3.
“Canada continues to respond forcefully to all unwarranted and unreasonable tariffs imposed by the U.S. on Canadian products,” Finance Minister
said in a media release Tuesday.
“The government is firmly committed to getting these U.S. tariffs removed as soon as possible, and will protect Canada’s workers, businesses, economy and industry.”
Details of a remission framework to direct proceeds of the tariffs to support the auto industry and affected worker would be forthcoming, the Department of Finance statement said.
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