Canadian Prime Minister Mark Carney declares economic ties with the US severed

The Canadian Prime Minister, Mark Carney, declared that Canada's economic and security relations with the US have ended and urged Canadians to 'rethink' their economy in response to Trump's new tariffs. Following a cabinet meeting, Carney announced retaliatory tariffs aimed at having 'maximum impact' on the US. Trump's 25% tax on imported cars and parts, which he described as 'permanent,' will come into effect on April 2. As a result, Carney referred to the 1965 agreement on automotive products between Canada and the US as 'terminated.' Carney believes that Canada can protect its auto industry through trade restructuring and greater economic independence. In response to previous US tariffs on aluminum, steel, and other imports, Canada has already imposed $42 billion in tariffs on US goods. Last year, the US imported eight million cars worth €222 billion. Trump warned Canada and the EU against forming a trade alliance and threatened 'much higher' tariffs. Opposition leader Pierre Poilievre condemned the tariffs as 'unjustified.' Ahead of the elections on April 28, Carney met with ministers to discuss trade options. He confirmed that Trump has requested a meeting, which is expected to take place soon. NDP leader Jagmeet Singh described the tariffs as 'betrayal' during a meeting with auto workers in Windsor and suggested banning companies from selling cars in Canada if they relocate their operations abroad.