Trump Threatens Canadian Autos
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Trump wants to replace Canada’s car industry. How much would that cost? - National | Globalnews.ca
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69% Informative
U.S. President Donald Trump has threatened to impose tariffs on Canada 's auto industry.
Trump said Canada “stole” the automobile industry from the United States .
But experts say the squeeze might not be worth the juice.
Canada has 14 car manufacturing facilities, all in Ontario , and 1,400 parts and tools facilities in Canada .
In recent years , car companies have invested billions in their Canadian facilities to match China ’s dominance in the EV sector.
To move those plants would mean their investments would have to be written off.
Canada has the full suite of minerals required to build next generation electric vehicle batteries.
VR Score
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