Canada to impose 25 percent tariff on U.S. autos, exclude auto parts

Canada will impose a 25 percent tariff on all U.S. auto imports that are not compliant with the U.S.-Mexico-Canada Agreement, Canadian Prime Minister Mark Carney announced on Thursday, adding that the retaliatory measures will not extend to auto parts. The Trump administration last week said it would impose a 25 percent tariff on all auto and auto parts imports. The auto tariff took effect on Thursday and the parts tariff will hit next month. Parts that enter the U.S. under...