US President Donald Trump threat of “large scale” price in Canada and the European Union after announcing a A new series of automotive import prices that will be based next week.
In a post early Thursday on his Social Truth PlatformTrump said: “If the European Union works with Canada to make economic damage to the United States, large-scale prices, much larger than expected currently, will be placed on them both to protect the best friend that each of these two countries has ever had!”
This new warning comes after Trump signed a executive decree Wednesday for 25% of prices on all the light cars and trucks made abroad, in addition to the rates already in place on these goods.
The automotive prices which should come into force on April 2 will not apply on American manufacturing parts in foreign manufacturing vehicles, depending on the order.
The decree said Trump was taking action to protect the American automotive industry, which, she said, is “vital for national security and was compromised by excessive imports”.
The United States has so far imposed 25% prices on all Canadian productsas well as 25% additional on steel and aluminum imports and a 10% levy on Canadian energy imports.
Global “Reciprocal” prices On all foreign imports, including Canada, are also scheduled for April 2, that is to say at this moment that car rates should take effect.
Canada has already responded to Trump’s commercial actions with countertone Of nearly $ 60 billion in American products, which have been announced in retaliation for 25% prices on all Canadian products and a later round which was reprisals for steel and aluminum prices.
The leader of the Liberal Party, Mark Carney, had to take a break election campaignReturning to Ottawa Wednesday evening for a meeting of the Committee of the Cabinet on Canadian-American relations on Thursday. He was originally supposed to go to Quebec.
Carney and his cabinet ministers, who also present themselves to re -election as liberal candidates in their respective constituencies, retain the responsibilities of guards as the current Prime Minister and Ministers of the Cabinet.
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Under the Guardian ConventionCarney can still act as the Prime Minister during an electoral campaign, but should limit any action to questions that are routine, not controversial, reversible, accepted by opposition or “urgent and public interest”.
Speaking during a campaign stop in Kitchener, Ontario on Wednesday, Carney said that Trump’s automotive prices were a “direct attack” against Canadian workers.
“Kinship ties, business ties, links that are being broken,” he said. “It will hurt us, but through this period, being together, we will emerge stronger.”
“We will take measures that are in the interest of Canadian workers,” said Carney, adding “we will fight unified.”
Before Trump’s announcement on Wednesday, Carney unveiled the Party Party for the country’s automotive sectorComing to build an “All in Canada” network and create a “strategic response fund” of $ 2 billion to help protect jobs from Canadian workers affected by the American trade war.
The Minister of Finance François-Philippe Champagne, who campaigns to be re-elected as a liberal candidate for Saint-Maurice-Champlain, said that the Liberals will support workers and will resist in the United States
“What President Trump has done will bring inflation to the United States. It will have the impact of having a higher price for American consumers and at the same time, it will lower competitiveness in the United States,” said Champagne before heading to the meeting of the firm committee on Thursday.
“What we have to do is fight for Canada.”
The conservative chief Pierre Hairy said that the prices were “unjustified and not provoked” and harm the American economy. NPD chief Jagmeet Singh described Trump’s prices “full -fledged attack” against car workers.
“This is a direct attack on our workers and we have to retaliate like hell. We have to fight with reprisals,” said Singh in London, Ontario on Wednesday.
The head of the Quebec Bloc Bloc Yves-François Blanchet said that counters on American products should be used to support Canadian businesses.
“What we have to do to support companies and businesses must come from our own counter-tale against American products,” Blanchet told journalists in Belloeil, Quebec Blanchet on Thursday.
“This is where money should come, so it does not directly affect the state budget.”
European car manufacturers denounce Trump prices
European car manufacturers, already struggling with lukewarm economic growth in the country and the growing competition of China, decreased the American import tax on cars as a heavy burden on Thursday that will punish consumers and businesses on both sides of the Atlantic.
The European Association of Automobile Manufacturers said in a press release that 25% import prices “harm Global Automakers and American manufacturing at the same time”.
The challenges are enormous for BMW, Volkswagen, Mercedes-Benz, Volvo, Stelllantis and their vast network of suppliers, as well as the entire European economy.
The United States is the largest export destination for the European automotive industry. In 2023, European car manufacturers exported 56 billion euros in vehicles and parts in the United States
The European automotive industry supports 13.8 million jobs, or 6.1% of the total EU employment.
– With files from Sean Previl and Isaac Callan of Global News and the Associated Press
& Copy 2025 Global News, A Division of Corus Entertainment Inc.