US EditionNorth Texas auto workers fear the impact of Trump's proposed 25% tariffs
- In 2025, levies on fully assembled vehicles are set to begin on April 3, with auto parts following on May 3, as part of Donald Trump's 25% tariff on auto imports, a move aimed at protecting American manufacturing and reducing trade deficits but unsettling global trade.
- Designed to boost local manufacturing and reduce trade deficits, the tariffs are based on the assumption that they will bring back lost jobs, but history and the economic impact suggest otherwise, as manufacturing is now built on efficiency and cost optimization with countries specializing in different parts of production.
- The tariffs disrupt the manufacturing system, forcing companies to absorb higher costs or shift production, potentially leading to job cuts for U.S. Manufacturers and automakers, as U.S. Production and labor costs are significantly higher.
- Industry executives and analysts warn that the tariffs could increase vehicle prices for American consumers, with one executive noting, "The U.S. Is an expensive production base".
- The move could backfire on the U.S., potentially harming the economy it aims to protect, disrupting the flow of auto parts, and putting pressure on international trade agreements, as major economies may face uncertain growth and automakers may be forced to rethink their global production strategies.
14 Articles
14 Articles
What a mayor of a General Motors factory town thinks of Trump's tariffs
President Trump says a 25% tariff on cars and auto parts will bring more auto manufacturing jobs to the United States. Jim Ross, the mayor of Arlington, TX, a city with a large General Motors auto assembly plant, says it will likely do the opposite.
Mayor of Canada's 'automotive capital' bracing for tariff impact
Drew Dilkens, mayor of Windsor, Ont., points out that North American automaking has been integrated for more than 120 years, so determining which car is made in the U.S., Canada or Mexico for tariff purposes is not easy. 'It's really difficult for me to understand how they're going to do that,' he said.
The London free Press
Sudbury StarTrump auto tariffs could kill 10,000 London area jobs: Observers
Trump tariffs poised to hammer Canada's auto industry could slash the London region automotive workforce by half, as the cost of exports to the U.S. will spike, industry observers say.
The Hamilton Spectator
Auto industry braces for thousands of layoffs as Trump’s 25% tariffs already slamming dollar, stock prices
'President Trump fails to understand the chaos and damage this tariff will inflict on workers and consumers in both Canada and the United States,' says Unifor president Lana Payne.
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