53 h. ago Canadian car dealership expects price hikes soon over auto tariff dispute

The general manager of a Ford dealership in Dartmouth, N.S. said that 75 per cent of the cars in his showroom are manufactured south of the border.

Economics

4 d. ago Prices for new and used cars to go up after U.S. tariffs on Canadian auto parts: experts

Trump has enacted 25 per cent duties on imported vehicles, with temporary reprieve for some parts compliant with the Canada-U.S.-Mexico free trade agreement

Economics

4 d. ago New and used car prices set to rise due to Trump tariffs: experts

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars. Sean Mactavish, CEO of used-car marketplace Autozen, says prices are already rising on some used cars as sellers anticipate buyers looking for a better deal compared to a new vehicle. “New car prices go up. People (look) […]

Economics

4 d. 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

4 d. 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

5 d. 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

5 d. 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

5 d. 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

5 d. 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

6 d. 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

6 d. 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

7 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

7 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

8 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

8 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

9 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

1 week 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

1 week 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

1 week 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

1 week 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