U.S. Tariffs Threaten Canadian Auto Industry: What’s Next?

New U.S. tariffs on Canadian goods—set to take effect March 4—are sparking concerns over economic fallout, with experts warning the auto sector could bear the brunt of the 25% levies.

Analysts predict the tariffs, initially imposed during a prior trade dispute, will disrupt supply chains and raise costs for automakers, potentially leading to job losses and higher consumer prices. \"This isn’t just about cars—it’s about communities relying on this industry,\" one economist told CGTN’s Dan Williams from Ottawa.

With Canada’s auto industry contributing billions annually to its economy, the move could strain cross-border trade ties. Will negotiations ease tensions, or is a slowdown inevitable? Stay tuned for updates.

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U.S. tariffs expected to hit Canadian auto industry

cgtn.com