How soon will drivers see price hikes from Trump's tariffs?

APMA
Feb 7, 2025
1 min read

Elijah Nicholson-Messmer, AutoBlog

February 7, 2025

A one-month pause on tariffs has eased pressure on automakers, but they’re not in the clear yet. Automakers and parts suppliers have been clear about their opposition to the proposed tariffs. Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, told Bloomberg News that the auto sector would shut down within a week of the tariffs being imposed.

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