Posthaste: Job losses 'unavoidable' in Canada's auto sector as Donald Trump doubles down on tariff threat

New Trump tariff threats add to uncertainty at Windsor Assembly

Unifor Local 444 president James Stewart said U.S. President Donald Trump’s latest threats to raise American tariffs on Canadian-built vehicles even higher is only further stoking the fires of uncertainty in an industry that’s struggling to even schedule shifts beyond a week’s notice.

The yield on some Swiss government bonds was pushed into negative territory after Donald Trump announced the so-called retaliatory tariffs against most of the world on April 2. This will probably not spread to the rest of Europe, the assessment is.

Posthaste: Job losses 'unavoidable' in Canada's auto sector as Donald Trump doubles down on tariff threat

Donald Trump hints at higher tariffs for Canada's auto industry, increasing pressure on industry already vulnerable to trade war.

Canada Threatens Economic Retaliation Over Trump’s Tariffs

As Donald Trump renews his push for tariffs on Canadian goods, leaders up north are firing... The post Canada Threatens Economic Retaliation Over Trump’s Tariffs appeared first on MASSIVE News.

In British Columbia, Prime Minister Mark Carney responded firmly and elegantly to Donald Trump’s threats to marginalize Canadian cars from the American market. “Here we decide,” he said, in front of a Trump waving 25% tariffs as if they were royal decrees. Commercial tension with diplomacy involved. [...]

President Donald Trump said Wednesday that the 25 percent tariff on Canadian auto imports to the United States could be increased.