Start Date: 2025-02-15
End Date: 2025-02-21

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Freeland Warns of U.S. Auto Tariffs Impact

MP Chrystia Freeland highlighted the significant impact of a proposed 25% tariff on car parts crossing the Canada-U.S. border multiple times during production. She emphasized that such tariffs could be devastating to the U.S. auto industry and its workers. This warning comes amid heightened trade tensions and could affect automotive supply chains significantly.

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Flavio Volpe on 25% Tariffs on Autos

Former U.S. President Donald Trump announced plans to introduce a 25% tariff on autos, pharmaceuticals, and semiconductor chips. This policy maneuver aims to reshape U.S. trade policy and has generated significant concern among Canadian industry stakeholders. The Automotive Parts Manufacturers Association president Flavio Volpe noted the anxiety this has caused within the sector.

Sources: Canadian News Outlet: www.ctvnews.ca