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Trump's tariffs would devastate auto sector, raise consumer costs: industry leader

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Automotive News

Business,Economy,Manufacturing

An auto industry leader says U.S. president-elect Donald Trump’s threat of tariffs on Canadian goods would have devastating effects for the sector, forcing both Canadian and U.S. consumers to pay higher prices.

Sammy Hudes, The Canadian PressFlavio Volpe, president of Automotive Parts Manufacturers Association, talks about how Trump's tariffs are shaking up the Canadian auto parts manufacturing indu

Trump sparked backlash among Canadian business and political leaders after posting to Truth Social on Monday that he will sign an executive order imposing a 25 per cent tariff on all products coming to the United States from Canada and Mexico.

 

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