Tariffs on Canadian, Mexican cars cost U.S. automakers $12.5-billion last year

🇨🇦 The Globe and Mail (CA) —
Tariffs on Canadian, Mexican cars cost U.S. automakers $12.5-billion last year

AI Summary

U.S. automakers incurred a loss of $12.5 billion last year due to tariffs imposed on vehicles and auto parts from Canada and Mexico. This significant financial impact raises concerns for the automotive industry amid trade tensions.

President Donald Trump's tariffs cost automakers in the United States US$12.5-billion on Canadian and Mexican cars and auto parts in 2025, ...

Politics Markets Deals tariffs automakers trade Canada Mexico

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