Automotive

OTTAWA — Prime Minister Mark Carney said Thursday that Canada will hit back against U.S. President Donald Trump's 25 per cent auto tariffs with matching levies on vehicles imported from the United States.

Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs , and the U.S. stock market may be taking the worst of it.

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.S. employees.

TORONTO — Ontario Premier Doug Ford says he was relieved to see Canada is not facing any of U.S. President Donald Trump's new "reciprocal" tariffs, but he is still very concerned about the province's auto sector.

TORONTO — The fallout of the auto tariffs U.S. President Donald Trump has imposed on vehicle imports is already starting to show as Stellantis pauses production at its Windsor, Ont., assembly plant.

Automaker Stellantis is temporarily pausing production at its assembly plant in Windsor, Ont., for two weeks as it assesses the effects of the recently announced U.S. tariffs on imported vehicles.

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.

For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency. Trump was elected on Nov.

President Donald Trump announced plans for sweeping tariffs Wednesday , saying “our country has been looted, pillaged, raped, plundered” by other nations.

NEW YORK (AP) — Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.