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If the U.S. won’t lead world trade, ‘Canada will,’ Carney says, launching counter-tariffs

  • APMA
  • May 9, 2025
  • 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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