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Trump’s Auto Tariff Threat Shakes North America | Toronto News
Description
Trump’s proposed 50% tariff on Canadian vehicles and auto parts, set for January 2027, could trigger a tit-for-tat trade war with Canada retaliating in September — risking collapse of Ontario’s auto parts sector and crippling U.S. automakers reliant on Canadian supply chains. With razor-thin profit margins already, the move threatens to unravel North America’s interconnected auto industry, even if it’s just political theater.
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