Why are the 6th and 9th Districts so dependent on exports to Canada? Here's why.

Why are the 6th and 9th Districts so dependent on exports to Canada? Here's why.

You have to watch out for those Canadians, they’re a wily bunch.A few weeks ago, as President Donald Trump prepared to impose tariffs on Canadian imports, the Canadian Embassy in Washington prepared a public relations counterattack. It simply gathered up publicly available data from U.S. government agencies about how many jobs in each congressional district in the country depend on exports to Canada and posted the information. The implication: Y…

Trump tariffs no match for 'gravitational pull' of U.S. market

Canada’s efforts to diversify trade away from the United States will be overwhelmed by the “gravitational pull” from our southern neighbour.

Tariffs will slam car sales and production, analysts say

President Trump's steep new tariffs on foreign cars could lead to a sharp decline in U.S. vehicle sales, according to S&P Global Mobility.

Trump tariffs could prove nearly as harmful to U.S. auto market as Lehman collapse and COVID outbreak, warn S&P forecasters

In “one of the largest single-month changes” ever made to its forecast, S&P Global Mobility wiped off 700,000 cars from its annual U.S. sales estimate.

Trump tariffs could hurt the car market almost as badly as COVID-19 and the 2008 crisis, S&P warns

The U.S. auto market might be in for a world of hurt due to President Donald Trump’s tariffs, according to a new report from S&P.Read more...

Trump’s tariffs would hit US carmakers the hardest

The automotive industry is in turmoil. The United States’ newly imposed tariffs are affecting every major producer. The so-called Big Three from Detroit are among the biggest losers.