A weak currency could offset some of the tariff impact from President Trump’s 25% duty on imported cars, said David Paterson, ...
When the automotive industry plummeted into catastrophe during the Great Recession, it wasn’t just the U.S. government that pitched in to preserve it. Canada offered its own tax dollars as part ...
Canada’s auto sector faces disruption and possible plant shutdowns and layoffs owing to U.S. President Donald Trump’s tariffs, industry experts say. Mr. Trump on Wednesday unveiled a main ...
1:28 How Trump’s 25% auto tariffs will affect Canada’s automaker industry Industry groups in Canada are bracing for the “chaos and damage” they say will come from U.S. President Donald ...
hurting a global auto industry that is already reeling from uncertainty caused by Trump's rapid-fire tariff threats and occasional reversals. Trump said he might hit the EU and Canada with larger ...
Trump agreed in 2018 to shield Canada ... Section 232 auto tariffs expired in November 2019 under the original report. Trump administration officials are aware of the issue, auto industry ...
It's a frightening prospect for hundreds of thousands of Canadians whose jobs are connected to the auto sector — the largest manufacturing industry in Canada and second-largest source of exports ...
“They stole it from us,” Trump has claimed of Canada’s auto industry. “They stole it because our people were asleep at the wheel.” When he rages on about unfair trade practices, Trump ...
At a cursory glance, Canada’s auto industry reported a 9% sales increase in 2024 that actually took the market back to traditional levels. More than 1.85 million new vehicles were sold in Canada ...
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