Canada, Tariff
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The New York Times |
The contract between Unifor and Stellantis will mitigate the immediate financial impact of the shutdown on union assembly workers.
Yahoo |
With Trump announcing new tariffs this week, workers at carmaker Stellantis were worrying about their futures.
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Canadian Prime Minister Mark Carney announced Thursday his country will impose 25 percent tariffs on U.S. auto imports that do not comply with the U.S.-Mexico-Canada Agreement (USMCA) on free trade. Carney said the tariffs are a direct response to President Trump’s 25 percent auto tariffs,
President Trump imposed a 25% tariff on most imports from Mexico and Canada on Tuesday, creating uncertainty in U.S. as well as global markets and spurring concerns over the price of goods.
'Our economies in auto between Ontario and Michigan are seamless,” says Glenn Stevens Jr., executive director of MichAuto Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. You must be logged in to join the discussion or read more comments.
Multiple automakers reported a surge in sales during March as shoppers rushed to dealerships to score a deal before tariffs took effect. But how long the boost will last remains to be seen once
Hours before U.S. President Donald Trump unveiled a sweeping new tariff plan against global allies, Conservative Leader Pierre Poilievre outlined his most detailed and combative plan to date in response to the American economic threat that has also rattled his campaign hopes.
Canada responded to Trump's tariffs and announced 25% tariffs on all U.S. vehicles that are not compliant with the United States-Mexico-Canada Agreement.