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Regulations

Viewpoint – Is President Trump a Threat to Canada’s Auto Industry?

Donald Trump’s recent statements regarding the investments of auto industry giants and vehicle imports from Mexico have created significant uncertainty in Canada. His threat to impose tariffs at the U.S.-Mexico border to protect the American auto industry raises the possibility that Canada might also be affected by such a measure. If this were to happen, the economic consequences could be very harmful for both Americans and Canadians, since after half a century of trade liberalization, the two countries’ automotive industries are now completely integrated.

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