11 h. ago Canada hits back with tariffs on U.S. vehicles as auto sector reels

Shuttering of Windsor plant brings reality of tariff war home

Economics

12 h. ago Canada hits U.S. auto sector with tariffs, mirroring Trump’s move

Canada’s auto sector is heavily integrated with the U.S. and stands to take a blow from Trump’s tariffs

Economics

12 h. ago Stellantis temporarily halts production at 2 plants in Canada, Mexico as auto tariffs take effect

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.S. employees. Stellantis, which owns car brands like Jeep, Citroen and Ram, said Thursday it will be […]

Economics

12 h. ago BREAKING: Prime Minister Mark Carney says Canada will match U.S. auto tariffs

OTTAWA — Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25 per cent auto tariffs with a levy on vehicles imported from the United States. Carney says the tariffs will hit all vehicles that do not comply with the Canada-U.S.-Mexico Agreement and any non-Canadian content in compliant vehicles, but they will […]

Politics

13 h. ago Sheinbaum Dispatches Trade Chief to Washington for Tariff Talks

Mexico plans to continue negotiations with the US on steel and auto tariffs even as President Claudia Sheinbaum’s government celebrates its preferential treatment compared to other nations slammed by US President Donald Trump’s new duties.

Economics

15 h. ago Trump auto tariffs are here. As Stellantis halts work, what will Canada do?

Automaker Stellantis announced that it is halting production on its Windsor, Ont., manufacturing facility for two weeks, with a notice saying Trump's tariffs were the reason.

Economics

36 h. ago Canada’s auto sector braces for ‘complexity and confusion’ on U.S. tariffs

Analysis from the Canadian Chamber of Commerce estimates that Canada and Mexico account for 58 per cent of U.S. auto parts imports and 76 per cent of U.S. exports.

Economics

58 h. ago Trump auto tariffs will derail Canadian, U.S. auto industry, professor says

It's going to be a lot of pain in the U.S. and very likely Canada as well," Cornell University's Art Wheaton says

Economics

2 d. ago Japan’s Ishiba says he will push for US auto tariffs exemption

TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Tuesday his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect from Wednesday. Ishiba told reporters he is willing to fly to Washington to negotiate directly with Trump. The […]

Economics

3 d. ago Trump Tariffs May Spell Economic Crisis for Japan, Onodera Says

The Trump administration’s tariffs may spell a big economic crisis for Japan, a senior lawmaker in Japan’s ruling party said, adding that the auto tariffs in particular would have huge implications across all regions in Japan.

Economics

3 d. ago Mayors preach calm as Southwestern Ontario braces for auto tariffs

Southwestern Ontario mayors are bracing for job losses due to U.S. President Donald Trump’s trade war, but remain optimistic

Economics

3 d. ago Car Shoppers Outracing Trump Tariffs Poised to Lift Auto Sales

Brittany Humphries and her husband Jon Bassford are what sales people at car dealerships might call motivated buyers. The couple, who live in suburban Maryland outside Washington, DC, moved swiftly to lock in purchases this year to avoid the risk of paying thousands of dollars more once Trump administration policies on electric vehicles and tariffs fully kick in.

Economics

4 d. ago Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Trade and tariffs Trade with the United States is set to be front and centre this week with tariffs on auto imports into the U.S. expected to come into force. The auto industry has warned tariffs could be devastating […]

Economics

5 d. ago Auto tariffs and the federal election: FP video looks at the trade war’s latest

Watch economists, an asset manager and a VP of the EDC on how tariffs will impact the economy and election

Economics

6 d. ago Noted economist honoured by Trump warns that 25% tariffs risk ’irreparable damage’ to U.S. automakers

WASHINGTON — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The Associated […]

Economics

6 d. ago Hertz shares go through the roof as auto tariffs seen boosting fleet value

Investors bid the stock up because they see tariffs raising new car prices and boosting the value of used cars

Economics

6 d. ago Canada weighs response to Trump’s auto tariffs as Carney meets premiers

Carney, in his role as prime minister, will meet virtually with Canada's premiers Friday to discuss the country's response to Trump's latest duties.

Economics

7 d. ago Stock market today: Asian stocks skid as investors await more Trump tariffs

HONG KONG (AP) — Asian stocks were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. Tokyo’s benchmark Nikkei 225 sank 2.2% to 36,952.34 on renewed heavy selling of auto-related shares following Trump’s announcement he plans to impose 25% tariffs on auto imports. Toyota Motor Corp. shares lost 2.7% […]

Economics

7 d. ago Gold Rises to Record as Trade War Concerns Drive Haven Demand

Gold rose to a record as concerns about a widening trade war remained front of mind for investors, after President Donald Trump pushed ahead with US tariffs on all auto imports.

Economics

7 d. ago With more than 20,000 employed in the automotive sector here, about 10,000 of those jobs may be lost within weeks of the tariff being charged, said industry observers.

Trump tariffs poised to hammer Canada’s auto industry could slash the London region automotive workforce by half, as the cost of exports to the U.S. will spike, industry observers say. With more than 20,000 employed in the automotive sector here, about 10,000 jobs may be lost within weeks of tariffs being imposed, they said. That […]

Economics