‘I Hate It’: Hamilton Residents and Business Owners React After Trump Doubles Tariffs

‘I hate it’: Hamilton residents and business owners react after Trump doubles tariffs

U.S. President Donald Trump announced the move to double steel tariffs on Wednesday.

May brought more turmoil to Canadian light vehicle sales

Greater turmoil was seen in the Canadian auto industry in May, according to DesRosiers Automotive Consultants, which said the most important issue — something that was supposed to happen last month — did not.  “Specifically, Trump’s proposed 25% tariffs on CUSMA auto parts that were meant to kick in on May 3rd — and would have had immediate and disastrous impacts for the markets and production systems in all three countries — were postponed,” sa…

Weekly roundup: Trump doubles steel tariffs, Tesla faces $25K EV concerns, Auto sales slow in May

Earlier this week: Trump doubled steel tariffs to 50%. Tesla execs raise red flags after Musk denied $25K EV cancellation, Reuters reports. U.S. auto sales slow in May as tariff pressures and inventory challenges mount. Stellantis names Sébastien Jacquet as new Chief Quality Officer amid executive restructuring. BMW to build electric iX5 and iX7 in U.S. despite tariff shifts. Lucid slashes prices by over $31K on 2025 Air models. A tariff-fueled …