Trump Tariffs Spark Global Trade Turmoil

APMA
Feb 19
1 min read

The Pinnacle Gazette

February 3, 2025

Flavio Volpe, president of Canada's Automotive Parts Manufacturers' Association, stated, 'The auto sector is going to shut down within a week.' With automotive parts imports totaling around $225 billion, the immediate impact of additional tariffs is expected to add $60 billion to costs – largely passed on to consumers

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