Canadian Prime Minister Mark Carney announced on Thursday that Canada’s old relationship with the United States is over. This came after U.S. President Donald Trump revealed steep tariffs on imported cars.
‘Our old relationship with the United States, based on deepening integration of our economies and tight security and military cooperation, is over,’ Carney said in response to the tariffs.
On Wednesday, Trump imposed a 25% tariff on all imported vehicles, a move that could significantly impact Canada’s auto industry. In response, Carney stated that Canada will retaliate with trade actions aimed at affecting the United States while minimizing harm to Canada.
‘We must fundamentally reimagine our economy,’ he declared. ‘Nothing is off the table to defend Canada and its workers against the U.S. tariffs.’
Carney emphasized the need for Canada to strengthen its own auto sector and diversify its trade partnerships. ‘When President Trump threatens us again, we will fight back with everything we have to get the best deal for Canada,’ he said.
The Prime Minister also mentioned that the U.S. President’s office had reached out to schedule a call. If it takes place, it will be their first conversation since the new tariffs were announced.
To support the domestic auto industry, Carney introduced a ‘strategic response fund’ valued at 2 billion Canadian dollars ($1.4 billion).
‘It is clear that the United States is no longer a reliable partner,’ Carney stated. ‘It is possible that with comprehensive negotiations, we will be able to restore some trust, but there will be no turning back.’
