Applies to vehicles with less than 75% North American components… approximately 8.2792 trillion won
Auto parts excluded from tariffs,
Canadian Prime Minister Mark Carney holds a press conference in Ottawa, Ontario, on the 27th (local time) and states, “I will have a conversation with U.S. President Donald Trump within a day or two.” 2025.03.28 © Reuters=News1 © News1 U Dong-myung,
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, ‘(Seoul=News1) Reporter Jeong Ji-yoon = Canada announced it would impose a 25% tariff on American cars. This is a countermeasure to the 25% tariff on automobiles announced by the Donald Trump administration.’,
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, ‘According to Reuters, Canadian Prime Minister Mark Carney stated on the 3rd (local time) that “a 25% tariff will be imposed on all vehicles imported from the U.S. that do not comply with the United States-Mexico-Canada Agreement (USMCA).” ‘,
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, ‘According to the Prime Minister’s Office, the tariffs on $5.7 billion (approximately 8.2792 trillion won) worth of American vehicles will take effect in a few days.’,
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, ‘The tariff will be applied to cars and light trucks manufactured with less than 75% North American parts. This accounts for about 10% of the vehicles exported from the U.S. to Canada, approximately 67,000 units annually.’,
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, ‘Prime Minister Carney expressed his intention of retaliation, stating, “Canada will develop a framework to avoid tariffs as long as auto manufacturers maintain production and investment in Canada.”‘,
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, ‘He added, “Canada’s tariffs will not affect auto parts or Mexico-related automotive items.”‘,
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, ‘Prime Minister Carney urged the U.S. government to reconsider its current tariff policy due to its potential harm to American citizens. He noted, “However, I don’t want to give false hopes,” pointing out that the U.S. government will take a long time to change its direction.’,
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, ‘Canada’s decision followed the announcement by President Trump on the 26th of last month. Trump declared a 25% tariff not only on imported passenger cars and light trucks but also on auto parts.’,
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, ‘Carney sharply criticized, saying, “The 80-year period when the U.S. accepted the crown as the leader of the world economy, built alliances based on trust and mutual respect, and advocated for the free and open exchange of goods and services is over.” He denounced Trump’s trade war, claiming it will “destroy the global economy,” calling the process a tragedy.’