Tariffs would lead to job losses in auto and resource sectors, economists predict

Feb 19, 2025

1 min read

Vanmala Subramaniam, The Globe and Mail

February 3, 2025

Flavio Volpe, the president of the Automotive Parts Manufacturers’ Association, has predicted that auto plants would shut down within a week of tariffs taking effect. Auto manufacturing is a highly integrated industry, with car parts crossing North American borders multiple times during production. Tariffs would significantly increase the cost of making a car.

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