‘This is nuts:’ New U.S. auto tariffs to devastate sector, raise consumer costs: industry
- The United States will impose a 25% tariff on imported automobiles starting April 3, according to U.S. President Donald Trump.
- This tariff targets all countries, including Japan, and violates the Japan-U.S. Trade agreement established in 2020.
- Flavio Volpe, president of the Automotive Parts Manufacturing Association, warns that this could shut down the industry and lead to job losses for Americans.
- Automobiles account for about 30% of Japan's exports to the U.S., which could lead to a significant economic impact if costs rise, as indicated by industry experts.
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Unifor embraces Liberals, pushes Canadian nationalism in response to Trump’s auto tariffs
Unifor is the largest private-sector union in Canada, with approximately 320,000 members, including over 35,000 employed in the auto sector who will be directly impacted by expected slowdowns and layoffs as a result of the tariffs, which are set to go into effect on April 2.
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Total News Sources72
Leaning Left16Leaning Right5Center11Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 34%
R 16%
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