Trump's Auto Tariffs Put Canadian, U.S. Manufacturing Jobs at Risk -- Market Talk

Dow Jones03-27

1800 ET - Canada's largest business lobby, the Canadian Chamber of Commerce, says President Trump's 25% tariff on all imported automobiles is "destructive," and likely puts U.S. auto factories and its workers "at risk for generations, if not forever." The chamber estimates that just under a quarter of all North American-produced vehicles rely on the U.S.-Canada supply chain -- in particular, between auto-parts producers and vehicle-assembly plants in southern Ontario and Michigan. "Integrated supply chains like these are there for a reason - because they make sense economically," the chamber says, warning the tariffs could raise the price of a pickup truck by up to $8,000. (paul.vieira@wsj.com; @paulvieira)

(END) Dow Jones Newswires

March 26, 2025 18:00 ET (22:00 GMT)

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