If the U.S. won’t lead world trade, ‘Canada will,’ Carney says, launching counter-tariffs
- APMA
- May 9
- 1 min read
Staff writer, CTV News
April 3, 2025
“In mining terms, the canary has died,” said Flavio Volpe in a CTV News interview about the trade war’s effect on the North American auto industry. “The industry works on six and seven per cent profit margins,” he said. “On math, a 25 per cent tariff, or even one that’s discounted because of American content, still does not work.”
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