Carney says Trump’s tariffs hurt Americans as US alleges Canadian interference
The plan includes CA$5.2 billion for steelmakers and CA$2.5 billion for automakers as Carney says tariffs have raised costs for U.S. families.
- On Wednesday, Canadian Prime Minister Mark Carney unveiled a $6.2 billion plan to shield Ontario's manufacturing sector, criticizing President Donald Trump's tariffs for driving up costs and upending a decades-old trade relationship.
- President Donald Trump previously imposed 50% tariffs on about $20 billion in Canadian goods, prompting retaliation. Carney noted U.S. exports to Canada dropped more than 20%, while Canadian auto exports to the U.S. fell more than 10%.
- The $6.2 billion initiative allocates $3.7 billion for steelmakers and $1.8 billion for automakers to protect Ontario's manufacturing heartland. It includes federal funding matching Ontario's commitment for roads to northern Ontario's mineral-rich Ring of Fire.
- Accusing Canadian politicians of seeking to influence American politics, the U.S. Embassy singled out Industry Minister Joly and Ontario Premier Doug Ford. Ford denied the allegations, stating he had "no interest at all" in interfering.
- Ford stated that Canada's relationship with the United States has changed permanently, signaling no return to prior arrangements. Carney has prioritized reducing Canada's dependence on the U.S., setting a goal to double exports to other markets over the next decade.
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Carney says Trump’s tariffs hurt Americans as US alleges Canadian interference - The Boston Globe
Canadian Prime Minister Mark Carney said Wednesday that President Trump’s tariffs have driven up costs for Americans and upended a decades-old trade relationship.
Canadian Prime Minister Mark Carney said Wednesday that the tariffs ordered by President Donald Trump have raised costs for American families and disrupted a decades-long business relationship.
Carney says Trump's tariffs hurt Americans as US alleges Canadian interference
Canadian Prime Minister Mark Carney says that U.S. President Donald Trump's tariffs have raised costs for American families and upended decades of trade as he unveiled a $6.2 billion plan to protect Canada's manufacturing heartland.
Carney says Trump’s tariffs hurt Americans as US alleges Canadian interference
Canadian Prime Minister Mark Carney says that U.S. President Donald Trump’s tariffs have raised costs for American families and upended decades of trade as he unveiled a $6.2 billion plan to protect Canada’s manufacturing heartland.
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