Canada will put 25% retaliatory tariffs on US-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said on Thursday.

Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.

U.S. President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as de minimis that has allowed low-value packages from China and Hong Kong to enter the United States free of duties.

In his speech, he listed the new tariffs to be imposed on a number of countries, including the country's biggest trading partners, and a more complete list was released later by the White House. No further tariffs were announced for Canada or Mexico.

Donald Trump launched a new assault on the global trading order on Wednesday, imposing a barrage of new tariffs including on all US imports in a move that sent Wall Street stock futures tumbling. The president said a levy of 10 per cent would apply to nearly all US imports from April 5 as he also revealed additional so-called reciprocal duties,

Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing. The latest levies will stack up on any duties imposed earlier on countries like China,

China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.

Your guide to what the 2024 US election means for Washington and the world Donald Trump announced sweeping new tariffs on US imports on Wednesday, taking the global economy into a new era of trade competition.