Canada will impose a 25% tariff on US-made vehicles that don't meet CUSMA rules starting at 12:01 EDT Wednesday. PM Mark Carney called it a direct response to President Trump's trade policies.
Amid the high cost of living in Canada, the increase in the minimum wage in the private sector might bring some relief to those in temporary jobs, especially Indian students. Since April 1, the minimum wage has been raised from 17.30 Canadian dollars to 17.75 per hour.
The Canadian Parliament was on lockdown by security personnel after a man barricaded himself in the East Block section. All people were asked to close and lock all doors, and hide.
Canada's new US travel advisory warns of stricter border inspections, including potential phone and laptop searches. Citizens are urged to cooperate fully, as refusal could lead to detention and deportation.
Canada retaliates against US tariffs with a 25% levy on non-compliant US vehicles, additional steel and aluminum tariffs, and non-tariff measures, including procurement bans and Tesla rebate suspensions.
Carney also told a press conference that the new tariffs would not apply to auto parts and would not affect vehicle content from Mexico.
China recently shook the AI space with its DeepSeek R1. China's next surprise could be in the field of energy as it works to operationalise a fusion-fission reactor, the world's first, in the next five years. This is why its Xinghuo reactor could be a game-changer.
Canadian Prime Minister Mark Carney on Thursday declared that the old economic and defence ties with the US were over after his US counterpart, Donald Trump, imposed a 25 per cent tariff on automobile imports.
