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Trump announces 25 per cent tariff on all auto imports to the U.S. [Video]

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President Donald Trump announces tariffs on auto imports. The auto tariffs are part of a broader reshaping of global relations by Trump, who plans to impose what he calls “reciprocal” taxes on April 2 that would match the tariffs and sales taxes charged by other nations. 

By Kelly Geraldine Malone The Canadian Press

WASHINGTON – U.S. President Donald Trump on Wednesday signed an executive order to impose 25 per cent tariffs on all automobile imports to the United States next week but the deep integration of the North American industry means vehicles coming from Canada could face a lower rate.

The executive order, released publicly Wednesday evening, said duties on automobile imports will take effect on April 3. A fact sheet provided Wednesday by the White House said automobiles imported under the Canada-U.S.-Mexico Agreement, also called CUSMA, will only be tariffed on the value of content not made in the …

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