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Trump’s tariffs could lead to auto plants closing within a week: Automotive Parts Manufacturers' Association president

  • U.S. President Donald Trump announced a month-long tariff exemption for Ford, Stellantis, and General Motors, as stated by White House Press Secretary Karoline Leavitt.
  • Flavio Volpe, president of the Automotive Parts Manufacturers' Association, warned that tariffs could cause auto plants to close within a week.
  • Canadian Prime Minister Justin Trudeau enacted a 25 percent tariff on U.S. Goods in response to Trump's tariffs, affecting $155 billion worth of imports.
  • Volpe mentioned that a trade war would be painful for both the U.S. And Canada, warning that the industry could shut down quickly due to tariff impacts.
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theartnewspaper.com broke the news in on Monday, March 3, 2025.
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