💨 Abstract

Canadian Prime Minister Mark Carney has threatened retaliatory trade actions against the US if President Trump imposes new auto tariffs, due next week. These tariffs could add thousands of dollars to the cost of an average vehicle in the US, contradicting Trump's campaign promise to lower consumer prices. European countries have also threatened retaliation. Carney stated that Canada will respond with actions that will have a maximum impact in the US and a minimum impact in Canada.

Courtesy: theprint.in

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