cross-posted from: https://lemmy.zip/post/33238139
President Donald Trump says 25% tariffs on imports from Mexico and Canada will start Tuesday, sparking renewed fears of a North American trade war.
Archived version: https://archive.is/20250303202704/https://apnews.com/article/trump-tariffs-mexico-canada-b19e004dddb579c373b247037e04424b
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
Some car parts travel across the US/CAN border six to seven times. The price increase will be much higher than 25%.
I wonder if it’s true that the US car production will grind to a halt within a week as some analysts say. That would be huge!