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Trump’s proposed 25% Canadian tariff on cars could drive up costs for U.S. consumers

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Jaelyn Campbell, CBT News

January 16, 2025

 

It is important to note that Canada’s auto industry is deeply interconnected with the U.S., highlighted by the fact that 80% of vehicles built in Ontario are exported to America. Meanwhile, Canadian factories are also key buyers of U.S.-made auto parts, supporting nearly 125,000 American jobs, according to Flavio Volpe, President of the Automotive Parts Manufacturers’ Association.

 

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