Tag: Mexico
Reprieve but no relief for London-area auto sector facing Trump tariffs
U.S. President Donald Trump’s 30-day pause on tariffs on Canada-made vehicles did little to ease concerns in the London region’s auto sector
Trump tariffs: Fear and loathing in a Southwestern Ontario auto town
The 1,300-worker Cami electric-vehicle assembly plant, owned by GM Canada, was closed Wednesday as part of a scheduled two-week shutdown.
Facing Trump’s tariffs, wood manufacturers in Grey-Bruce, rest of Ontario are exploring new markets
A local wood manufacturer consortium CEO said Ontario companies are exploring other markets and hoping for government relief as Trump’s tariffs come into effect. “The bottom line is a lot of them are starting to explore other export markets,” said Mike Baker, CEO of the Wood Manufacturing Cluster of Ontario. “The problem with that is […]
How Trump’s trade war could impact US electricity prices — and state climate plans
By Zoya Teirstein
This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.
On Tuesday, President Donald Trump initiated a trade war with Canada and Mexico, America’s two largest trading partners. Following through on weeks of threats, he imposed 25 percent tariffs on imported goods from Mexico and Canada and a lower 10 percent tariff on imports of Canadian energy resources.
Michigan automakers get break on Trump tariffs â for now
Facing supply chain chaos and higher costs for consumers, Michigan auto leaders convinced President Donald Trump to give them a temporary exemption to 25% tariffs on imports from Canada and Mexico….