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L'Automobile
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Canadian Auto Sector Hopes to Avoid New Tariffs
L'Automobile
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The Canadian automotive sector is closely monitoring trade talks with the United States, hoping to be exempted from new tariffs proposed by Washington. Industry stakeholders warn that such fees would threaten the competitiveness of Canadian plants, already facing rising production costs.
“Additional tariffs would further weaken our already tight margins, especially for shops and dealerships that rely on imported parts,” said a representative from an industry association.
The integrated supply chain between Canada and the United States makes any tariff barrier particularly damaging. Vehicles assembled in Canada depend on thousands of parts moving freely across the border.
For automotive business owners and shop managers, these measures could result in higher vehicle and parts costs, directly impacting profit margins and customer loyalty. The industry therefore hopes the Canadian government will succeed in negotiating an exemption to maintain market stability.
L'Automobile
