Canada has requested dispute consultations with the World Trade Organization (WTO) over U.S. President Donald Trump’s decision to impose a 25% duty on Canadian cars and auto parts. The Canadian government argues that these tariffs violate U.S. obligations under the General Agreement on Tariffs and Trade (GATT.
President Trump’s tariffs are rupturing the global economy, and seniors are rightfully worried about their savings.
— Mark Carney (@MarkJCarney) April 7, 2025
My government will protect your retirement by reducing the minimum RRIF withdrawal amount by 25% and increasing the GIS by 5%, tax-free — for a year.…
Canadian Prime Minister Mark Carney has strongly criticized the tariffs, calling them “unjustified, unwarranted, and misguided.” He announced retaliatory measures, including new taxes on vehicles that don't comply with the continental free trade agreement, though the tariffs won't apply to auto parts or vehicles from Mexico.
Automakers are already adjusting to the tariffs. Stellantis, maker of Chrysler, Dodge, and RAM trucks, announced it would pause production at its Canadian Windsor plant, which employs 4,000 workers, citing the impact of the tariffs on its operations.
