Canada's auto industry preparing for President Donald Trump, Round 2

  • 📰 AutoNewsCanada
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Industry stakeholders in Canada should be working with government to formulate a just-in-case- Trump-wins strategy.

As the United States gears up for another presidential election, Canada’s auto industry faces the possibility of a Donald Trump comeback. Despite an avalanche of legal troubles, the former U.S. president remains the top choice among Republican voters to lead their party in November 2024.

Trump’s penchant for protectionism is nothing new, and Canada’s political and auto industry leaders are well-trained in battling trade disputes with U.S. administrations of different political stripes, said Flavio Volpe, president of the Automotive Parts Manufacturers’ Association . Before the introduction of the IRA, Canadian lobbyists in Washington successfully fought attempts by the Biden administration to implement electric-vehicle rebates favouring U.S.-based automakers that employ unionized workers, Volpe noted.But Trump tends to take his rhetoric up several notches, unleashing chaos and uncertainty. “Trade wars are good, and easy to win,” he tweeted in 2018.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 77. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines