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Trump Tariffs Spark Global Trade Turmoil

mmacneil21

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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