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August 16, 2018

Feds preparing response in case Trump follows through on auto tariff threat

Ottawa, ON — With threats of devastating U.S. tariffs hanging over the auto sector, Canada’s economic development minister says Ottawa is considering every possible way it could respond if the Trump administration follows through on its warning. Navdeep Bains said Plan A is to continue encouraging the U.S. to back away from the tariff threat, which industry has warned would inflict significant damage on both countries’ economies. But just in case they are applied, Bains said Ottawa is considering “every conceivable option.” “We’re taking nothing off the table at this stage,” Bains said in an interview. “We’re looking at every tool in our toolbox.” Bains declined to share specifics when asked about potential industry support in Canada or retaliatory actions against the U.S., however,




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