Enormous economic harm’: Auto tariffs would add to pain of other trade measures, report says
Center for Automotive Research study details ‘profoundly negative’ price hikes, job losses — 90% attributable to tariffs Naomi Powell, Financial Post February 15, 2019 U.S. tariffs on auto imports would compound the pain of other recent trade measures, with the impact spilling across borders, even if Canada, Mexico and South Korea are exempted […]
USMCA could increase cost of vehicles, says Scotiabank report
Alicja Siekierska, Yahoo Finance Canada October 2, 2018 While the United States-Mexico-Canada Agreement (USMCA) has brought some stability and certainty back to the North America auto industry, one report says administrative and higher wage requirements introduced in the deal could potentially raise the price of vehicles in North America. The Scotiabank Economics report, which analyzed […]