US Edition‘This is nuts:’ New U.S. auto tariffs to devastate sector, raise consumer costs: industry
- The head of the New Car Dealers Association of B.C., Blair Qualey, noted that prices for many vehicles in B.C. May rise due to 25 percent U.S. Tariffs on foreign vehicles and retaliatory tariffs from Canada.
- Premier Susan Holt warned that prolonged U.S. Tariffs could lead to 10,000-11,000 job losses in New Brunswick, emphasizing the need for federal support for affected industries.
- Holt stated that businesses in New Brunswick that provide services to Ontario may qualify for relief programs due to the impact of the U.S. Tariffs on Ontario's auto industry.
- Concerns were raised about job loss as businesses might relocate due to prolonged tariffs, severely impacting the New Brunswick economy.
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87 Articles
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