Canadian Prime Minister Mark Carney said Thursday that he would speak with U.S. President Donald Trump in the coming days after Trump announced 25% tariffs on auto imports. Carney, who hasn't spoken with Trump since becoming Canada's new leader nearly two weeks ago,

President Trump’s announcement of 25 percent tariffs on cars and parts sent shock waves through the global auto industry. Canada said it would respond with tariffs of its own.

Canada will wait until next week to strike back against the latest U.S. threat of tariffs and nothing is off the table regarding possible countermeasures, Prime Minister Mark Carney said on Thursday.