CANADIAN AND MEXICAN AUTO SECTOR UNEASE OVER TRUMP VICTORY
November 14th, 2024
The Canadian and Mexican auto sectors are assessing a second Donald Trump presidency in the USA, given his threat to impose universal tariffs on all imports and to review the US-Mexico-Canada Agreement (USMCA).
Trump has floated imposing 10%-20% tariffs on all US imports, including trades with countries having free trade agreements with America. And for Mexico auto exports, the president-elect has threated imposing eye-watering 200% duties.
His formal election program said: “Republicans will support baseline tariffs on foreign made goods, pass the Trump ...
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