Canada, tariffs
Digest more
Top News
Impacts
Reuters |
The 25% counter-tariffs Canada said last week it would impose on some U.S.-made vehicles will go into effect on April 9, the federal finance ministry said on Tuesday.
Reuters |
Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly 1 million units, as President Donald Trump's tariffs make it more expensive to buy a vehicle.
Read more on News Digest
8mon MSN
Canada has already been hit hard by Trump's auto tariffs, and workers told BI they are bracing for further chaos and disruption.
Prime Minister Mark Carney announced that Canada will impose a 25% tariff on U.S. vehicle imports that do not meet the USMCA standards.
The president said he'd lower tariffs on countries other than China but it did not apply to industrial sector tariffs like autos.
US auto ports are looking different in more ways than one following Trump’s implementation of a new 25% tariff on vehicle imports.
7don MSN
Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.
Explore more
President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected to hike prices and put the U.S. at risk of a recession, experts told ABC News.
Tariffs will push the average price of car insurance to more than $2,500 per year. But you can save with CNBC Select's tips on lowering your premiums.