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Canada exempt from Trump’s sweeping reciprocal tariffs, PM Carney meeting with cabinet

  • Canada and Mexico will be exempt from a 10% tariff rate as stated by the White House.
  • Prime Minister Mark Carney remarked that Donald Trump's tariff regime will 'fundamentally change the global trading system.'
  • Ontario Premier Doug Ford described the signals from the White House as positive concerning Canada's case.
  • Canada and the United States will start negotiations on a new economic and security relationship after the upcoming election.
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Durham RegionDurham Region
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Trump’s ‘Liberation Day’ announcement spares Canada from ‘reciprocal’ tariffs but imposes 25% automotive tariffs, maintains steel and aluminum levies

Trump’s announcement had an immediate impact on the Stellantis assembly plant in Windsor, which announced a two-week pause on operations.

·Durham, Canada
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  • 55% of the sources lean Left
55% Left
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Barron's broke the news in New York, United States on Wednesday, April 2, 2025.
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