Automakers face challenges as tariffs threaten North American trade

President Trump has confirmed a 10% tariff on imports from China, and 25% tariffs on goods from Canada and Mexico (later delayed by one month following last minute negotiations), ostensibly to curb fentanyl trafficking, illegal migration, and address trade imbalances. By ripping up the United States-Mexico-Canada Agreement (USMCA), tariffs threaten to disrupt trade flows across […]