Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.

President Trump has called out nations like China and Canada and the European Union for "unfair" trading practices and tariffs on the U.S.

"We are going to fight these tariffs with countermeasures," Canadian Prime Minister Mark Carney said Wednesday.

Mexico celebrated Thursday having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided.

Stellantis NV said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump's tariffs were announced, and temporarily pausing production at an assembly plant in Mexico and one in Canada.

Mexico’s economic minister Marcelo Ebrard praised the “preferential treatment” received by Mexico after US President Donald Trump unveiled sweeping new global tariffs.

Canada’s exports to its biggest customer, the US, as well as other countries plunged in February, as threats and implementation of the Trump administration’s tariffs started to redraw global trading flows.

Mexican President Claudia Sheinbaum on Thursday celebrated the preferential tariff treatment that Mexico receives under the US-Mexico-Canada Agreement (USMCA), after Mexico was excluded from U.S. President Donald Trump's sweeping new tariffs.