Top Canadian lawmaker vows 100% tariffs on Musk’s Teslas in ‘surgical’ reprisals to future Trump threats Chrystia Freeland threatened to ‘go after American stakeholders who matter to the White House’ in response to Trump’s tariffs.
A top Canadian lawmaker has threatened to slap a 100 percent tax on Elon Musk’s Tesla vehicles in retaliation to President Donald Trump’s tariffs.
Trump frequently claims that the tariffs he unilaterally imposes are paid by foreign nations, but they are actually paid by American importers and passed on to American consumers in the form of higher costs.
Trump also hiked his 2018 aluminum tariffs to 25 percent from 10 percent.
On Monday, Trump removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25 percent.
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