Global car industry in firing line of Trump's tariff threats vs Mexico, Canada
- U.S. President Donald Trump plans to impose a 25% tariff on goods from Canada and Mexico starting February 1, 2025, fulfilling a campaign promise.
- The tariffs could lead to a 4.1% drop in GDP for both Canada and Mexico, as three-quarters of their exports go to the U.S.
- Canadian Prime Minister Justin Trudeau faces political instability as he prepares to be replaced, impacting the response to the tariffs.
- Mexico's President Claudia Sheinbaum stated, 'We don't think it's going to happen really,' regarding the tariffs and mentioned having a plan if they do.
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Coverage Details
Total News Sources0
Leaning Left7Leaning Right2Center9Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 39%
C 50%
11%
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