Tariffs could wallop Canadian new-vehicle sales by 25% in 2025
CADA has joined the chorus of industry analysts warning that the tariffs will raise vehicle prices and shut down the continental auto industry, triggering production cuts layoffs and raising the risk of a recession. (GREG LAYSON)
The moves are an adjustment for many automakers and suppliers that were concerned about the tariffs. Some say the tariff revisions fall short of protecting suppliers.