What are ‘reciprocal tariffs’ and could they affect Canada?
- APMA
- Feb 26, 2025
- 1 min read
Uday Rana, Global News
February 14, 2025
Flavio Volpe, president of the Automotive Parts Manufacturers Association, said global trade disruption would hurt Canada too.
“A general trade war with the rest of the world – including Europe, Japan and Korea, where three big import sources for vehicles into the U.S. originate – is going to create real inflationary pressures in the U.S. market and do things to disposable income. That is really going to hurt the prospect of Canadian exports to that market and Canadian imports from that market,” he said.
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