Canadian Prime Minister Mark Carney said Thursday he will institute 25% tariffs on U.S. auto imports in retaliation to tariffs imposed by President Donald Trump that took effect earlier in the day.

“As I told President Trump during our call last week, Canada will respond to the U.S. auto tariffs,” Carney said during a news conference from Parliament Hill in Ottawa, Ontario. “And today, I’m announcing that the government of Canada will be responding by matching the U.S. approach.”

Trump on Wednesday announced “Liberation Day” tariffs that imposed a baseline 10% tariff on all imported goods starting Saturday, with higher individualized reciprocal tariffs on countries with which the U.S. has the largest trade deficits.

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