US EditionStellantis stockpiles parts, speeds car shipments as Canada, Mexico tariffs approach
- A 25% tariff on imported vehicles and parts from Canada and Mexico will take effect on April 2, causing uncertainty among car shoppers about future prices
- General Manager Brandon Wishengrad stated that it is unclear how tariffs will affect vehicle prices at his dealership
- Estimates suggest that new car prices could rise by $3,500 to $10,000 if tariffs are implemented
11 Articles
11 Articles
Tariff war threatens to clobber Canada: FP video looks at the impact and solutions
As the world waits for the next round of tariffs from United States President Donald Trump, the Canadian economy is beginning to show signs of stress. FP video spoke to former Foreign Affairs Minister Peter MacKay, two economists and the CEO of Royal LePage about the early impacts on the trade war and what we can do to mitigate any further damage.
U.S.-Canada tariff dispute threatens auto industry
The auto industry breathed a collective sigh of relief in early March after U.S. President Donald Trump announced he would pause the 25% tariff he was set to impose on the sector. But that 30-day exemption is due to run out in early April, and that’s
Over 4,000 local auto jobs stand to be affected by U.S. trade tariffs if enacted on April 2
Across about 18-20 companies in the region, there are about 4,000 direct employees in the local automotive sector, according to investStratford CEO Joani Gerber, that stand to be affected by the 25 per-cent U.S. trade tariff on all automotive parts…
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