Carmakers get brief reprieve as Trump delays Canada, Mexico tariffs

Feb 191 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.

Read here.

Recent Posts

See All

President of the Automotive Parts Manufacturers' Association joins to discuss tariff implications

Heather Hiscox, CBC March 4, 2025 "For the first time in history, we have the American president taking everything about the American...

Trump agrees to one-month tariff reprieve aimed at helping U.S. automakers

David J. Lynch and Aaron Gregg, The Washington Post March 5, 2025 His tariff pause averts the likely closure of auto plants in all three...

How Trump’s tariffs put thousands of American jobs at risk

Carmakers get brief reprieve as Trump delays Canada, Mexico tariffs

Recent Posts

Comments

SUBSCRIBE TO "THE PARTICULAR"