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The U.S. president is holding a news conference in Washington now
Trump has previously said auto tariffs would come on April 2, when he’s set to impose “reciprocal” tariffs to match tax rates other countries charge on imports.
The North American auto industry is closely intertwined, with parts travelling across all three countries in the Canada-U.S.-Mexico Agreement on trade.
Flavio Volpe, president of the Canadian Automotive Parts Manufacturers’ Association, told CBC News that if Trump follows through on his threats, “we are going to see a shutdown like we saw at the beginning of the pandemic.”
In Windsor, Ont., today, Canada’s automotive capital, Carney announced a $2-billion fund aimed at protecting jobs in the industry. He also posted on social media that he wanted to “build an All-In-Canada auto manufacturing network.”
In Montmagny, Que., today, Poilievre said tariffs are causing chaos in financial markets. “Stop threatening Canada with tariffs. Stop talking about our sovereignty,” he said.
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