Carney to meet with automotive sector CEOs as U.S. trade talks continue
- Prime Minister Mark Carney met with CEOs of Ford Canada, Stellantis Canada, GM Canada, and the Canadian Vehicle Manufacturing Association on July 2, 2025, to discuss U.S. tariffs and supply chain protections.
- Canada faces U.S. tariffs of 25% on vehicles and 50% on steel and aluminum, with a July 21 deadline for a new trade deal and retaliatory duties in place.
- Canada's auto industry officials highlighted that EV targets, rising to 100% by 2035, are 'not sustainable,' with industry leader Adams warning, 'no way' targets for 2026 can be met.
- Following the trade dispute, Ontario lost 35,000 jobs in April, faces recession risks in 2025, and EV sales declined after rebates expired.
- With the July 21 deadline approaching, Carney aims to finalize a trade deal or face increased countermeasures, while discussions on reinstating EV rebates continue.
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Prime Minister Mark Carney is scheduled to meet with leaders in the automotive sector on Wednesday morning.
·Montreal, Canada
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Total News Sources40
Leaning Left12Leaning Right2Center6Last UpdatedBias Distribution60% Left
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- 60% of the sources lean Left
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C 30%
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