The Trump administration recently imposed a 25 per cent tariff on steel and a 10 per cent tariff on aluminum exports from Canada to the United States.
Now CTV reports, "On Saturday, not long after departing the G7 summit in Quebec, ...[US President Donald] Trump sent two tweets that [threatened the United States was looking] 'at Tariffs on automobiles flooding the U.S. Market!' [adding] 'Our Tariffs are in response to his of 270% on dairy!'"
That article adds, "A senior Liberal source [said] American-imposed tariffs on autos would be close to an existential threat to Canada’s economy [while former Quebec premier Jean] Charest said if he does follow through on autos, it 'will be a catastrophe', citing that 22 per cent of the cars sold in the US last year were exported from Canada."
CBC further notes, "Trump says Canada will have to dismantle its supply-managed dairy system or else Americans will dramatically curtail its trading relationship."