Canadian auto sector hopeful a U.S. trade deal will come with carve-outs
CANADA, JUL 30 – Linda Hasenfratz warns that preserving the United States-Mexico-Canada Agreement is critical to avoid an auto-industry shutdown amid rising U.S. tariffs impacting billions in sales.
- U.S. Ambassador Volpe believes a trade deal between Canada and the U.S. may be reached this week, despite current uncertainties in negotiations.
- Volpe emphasized the importance of sustaining the manufacturing base in Canada, which has relied on duty-free vehicle exports to the U.S. for decades.
- Volpe warned that without a deal, the current tariff regime would continue to harm the industry.
- Adams stated that Prime Minister Mark Carney is managing expectations regarding a potential tariff-free agreement.
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Canadian auto sector hopeful a U.S. trade deal will come with carve-outs
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
Read Full ArticleCdn. Auto Sector Hopeful A U.S. Trade Deal Will Come With Carve-outs - Canadian Manufacturing
Automotive industry leaders are hoping to see exemptions for vehicles compliant with the current trade deal as Canada and the U.S. continue discussions ahead of the upcoming tariff deadline. Aug. 1 marks the deadline in Canada’s trade talks with the U.S., as President Donald Trump is now imposing 35 per cent tariffs on a wide variety of Canadian goods. “I think everybody has seen that the Americans, in spite of the fact that they are fighting us…
Coverage Details
Total News Sources35
Leaning Left15Leaning Right2Center4Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 19%
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