Donald Trump imposes 25% tariff on Canada, Mexico; 10% on China – auto sector braces for price hike

APMA
Feb 19
1 min read

Gerard Lye, Paul Tan

February 3, 2025

According to a Bloomberg report, Trump’s tariffs against Canada and Mexico will cause vehicle prices to increase even further. “The auto sector is going to shut down within a week. At 25%, absolutely nobody in our business is profitable by a long shot,” said Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association.

Read here.

Recent Posts

See All

Inside the court battle between Stellantis and an Ontario auto parts supplier

Chris Ensing, CBC News Nov 10, 2025 Because of how interlinked the North American auto industry is, APMA President Flavio Volpe comments that “vehicle assembly in the U.S. is at risk when things like

Stellantis is taking on Ontario auto parts supplier to court, claiming extortion

Bill Carroll, The Morning Rush | 580 CFRA Nov 10, 2025 Bill is joined by president of the Auto Parts Manufacturers Association, Flavio Volpe, to discuss the legal case between Stellantis and one of it

Stellantis takes Ontario auto supplier to court over claims of extortion

Chris Ensing, CBC News Windsor Nov 10, 2025 “When [U.S. President] Donald Trump says, ‘I want to have everything sourced in the U.S.’ and his administration thinks it can happen overnight,” said APMA

Subscribe to "The Particular"