If the American auto industry is no longer a friend to Canada, could a pivot to China be in the cards instead?
Allow China to import cars into Canada duty-free, as long as they build cars here.
#MOG8
driving.ca/column/motor...
If the American auto industry is no longer a friend to Canada, could a pivot to China be in the cards instead?
Allow China to import cars into Canada duty-free, as long as they build cars here.
#MOG8
driving.ca/column/motor...
fortune.com/2025/03/28/t...
fortune.com/2025/03/28/t...
www.cnbc.com/2025/03/11/t...
www.cnbc.com/2025/03/11/t...
From this article, a 25% tariff leads to a rough $1500 increase in price www.automotivedive.com/news/tariffs...
So a 50% tariff should lead to a $3000 increase.
The car industry is a key part of the cyclical economy. Layoffs there start recessions.
From this article, a 25% tariff leads to a rough $1500 increase in price www.automotivedive.com/news/tariffs...
So a 50% tariff should lead to a $3000 increase.
The car industry is a key part of the cyclical economy. Layoffs there start recessions.
🔴 Trump’s 25% Auto Tariff Sparks EU Outrage
🔸 US to impose 25% import duty on all vehicles; parts follow in May.
🔸 EU industry warns of price shocks, job cuts, and global supply chain risks.
🔴 Trump’s 25% Auto Tariff Sparks EU Outrage
🔸 US to impose 25% import duty on all vehicles; parts follow in May.
🔸 EU industry warns of price shocks, job cuts, and global supply chain risks.
Donad’s tariffs have cost the auto manufacturer over $2 billion in import duty on parts and vehicles.
finance.yahoo.com/news/ford-ce...
Donad’s tariffs have cost the auto manufacturer over $2 billion in import duty on parts and vehicles.
finance.yahoo.com/news/ford-ce...
(Trump didn't write this one either)
"... all new vehicles built abroad will be slapped with a 25% import duty... likely be passed on to U.S. consumers... roughly half the cars sold in the country... cover to increase... prices on domestically built vehicles as well."|
#wato
(Trump didn't write this one either)
"... all new vehicles built abroad will be slapped with a 25% import duty... likely be passed on to U.S. consumers... roughly half the cars sold in the country... cover to increase... prices on domestically built vehicles as well."|
#wato
www.thestar.com/politics/for...
www.thestar.com/politics/for...
India has reportedly notified the World Trade Organization (WTO) of its intention to impose retaliatory tariffs against the United States, following Washington’s decision to enforce a…
India has reportedly notified the World Trade Organization (WTO) of its intention to impose retaliatory tariffs against the United States, following Washington’s decision to enforce a…
Import tariffs could cut US auto sales by 1.8 million in 2025, advisory firm says
www.usatoday.com/story/money/...
Import tariffs could cut US auto sales by 1.8 million in 2025, advisory firm says
www.usatoday.com/story/money/...