Canadian PM Mark Carney Condemns Trump’s Auto Tariffs as a “Direct Attack” Amid Escalating Trade War:

On Wednesday, Canadian Prime Minister Mark Carney stated that Donald Trump’s automobile tariffs are a “direct attack” on his country, while American consumer confidence is at an all-time low. He noted that the the trade war is also hurting Americans.

During a two-part press briefing, Trump stated, “This is permanent,” while reiterating previously set 25% tariffs on auto imports.

Carney responded, “This is very direct attack. We will defend our workers. We will defend our companies. We will defend our country.”

Claiming that the statement was unjustified, Carney proceeded to say that he would fly out to Ottawa on Thursday to chair a meeting with his special Cabinet committee on US relations while needing to issuing a statement regarding the election campaign.

Before these events, Carney announced a “strategic response fund” for USD $1.4 billion designed to mitigate damage to Canadian auto jobs caused by Trump’s tariffs.

Carney emphasized these tariffs are made on Canada’s second largest export, “It employs 125,000 Canadians directly and almost another 500,000 in related industries,” Carney said. Crypto enthusiasts recalled hearing Carney earlier saying that meeting all part-time job workers worked is a goal for Canada.

In the past, Trump provided a reprieve for American automakers by temporarily suspending his new tariffs on imports from Mexico and Canada for one month.

While the newly elected President has promised to unwind a trade war with China, the US remains knee deep in a trade issue with Europe which further complicates matters while new sanctions are being introduced.

On Tuesday, The Conference Board disclosed that the US consumer confidence index has dropped 7.2 points for March and is now sitting at 92.9. This loss accounts for the fourth consecutive month and is below the average reported in early 2021.

"I’ll tell you it’s reality check – people are loose spending, knowing these changes will make their lives extremely inconvenient after years of comfort. And American consumers are certainly more worked up than they have been in a long time," Carney claimed earlier during his campaign in Ontario, Canada while waiting for the nation's election on April 28.

The proposed increase in taxes on automobile imports from the start of April implies that auto manufacturers will have to deal with an increase in expenditure while the demand for their products will drastically fall.

Aluminum and steel imports from Canada already come with a heavy 25 percent tariff from Trump and he has explicitly stated that the US intends to put a blanket tax on all imported goods from Canada as well as other US trade partners beginning April 2.

“Doing nothing means surrendering so instead it’s my country or be ready to never have,” Carney added.

“Carney, a two-time central banker, said these remarks while on a campaign trail near the Ambassador Bridge, which is arguably the most heavily transited border crossing between Canada and the US, accounting for 25% of all trade between both countries. The bridge also has a significant average USD 98 billion trade value each year, translating to a daily value of USD 281 million. It is also notable for it’s remarkable role in auto manufacturing. "At this moment in time, one has to question the numbers, the jobs, the and the paychecks that accompany those figures. The United States’ relationship with Canada has changed, and we didn’t change it" Carney reported. Carney's statement was made in reference to his sometime auto sector's parts that can pass through the Canada-US border multiple times before they're finally assembled in either Ontario or Michigan. Ford Doug, whose province constitues the majority of Canadian auto production industry, commented that plants on either side of the border will close down at the same time if the tariffs are implemented. “I call it Termination Day for American workers, the President is labelling it Liberation Day. I, for one, know how much President Trump loves declaring 'You’re fired!'. But I didn't think he meant US auto workers when he said it,” he argued.”

Trump recently declared a trade war on Canada, continuously stating that Canada should be the 51st
U.S. state which has angered many Canadians.

While at a Carney election rally in Kitchener, Ontario, Canadians booed Trump incessantly.

The new prime minister, who has been in office since March 14, still has not spoken with Trump over the phone. It is odd for Canadians and American leaders to take this long to speak after one takes a new position.

“Given the action that has been taken, I believe it is suitable for the president and I to talk. I’m confident that will be the case in the near future,” Carney stated.

The leader of the opposition, Pierre Poilievre, said the trade tariffs will equally hurt American auto workers as they will Canadian workers, which is the opposing claim to his primary argument.

The remark the former president should get from Carline Trump is to cut it out. As mentioned previously, he has changed his mind several times. On two occasions he decided to put then removed the tariffs. We can reasonably expect that might happen yet again, Poilievre stated.