Carmakers get brief reprieve as Trump delays Canada, Mexico tariffs

APMA
Feb 19, 2025
1 min read

Jordan Mulach, Car Expert

February 3, 2025

As reported earlier this week, Flavio Volpe, CEO of the Automotive Parts Manufacturers’ Association, told Automotive News the 25 per cent tariff on Canada and Mexico is “15 per cent higher than anybody’s profit margin”, warning it could have a devastating effect on the industry.

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