Industry on edge with trade pact signing nearNov. 19, 2018
Provisional agreement on a new North American trade pact was supposed to reduce economic uncertainty for the industry after months of acrimonious negotiations. But less than two weeks before the official signing of the U.S.-Mexico-Canada Agreement, auto interests are worried that U.S. tariffs on raw materials and vehicles will wipe out any potential benefits.
U.S. holds off on car tariffs after trade meeting, report saysNov. 14, 2018
The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, Bloomberg reported.
North American auto industry warned USMCA deal could bring painNov. 2, 2018
The North American auto industry will likely lose global market share under the new trilateral trade agreement reached by Canada, Mexico and the United States, warns Scotiabank Economics.
Canada could ratify new NAFTA even if U.S. metal tariffs stay put, Trudeau saysNov. 6, 2018
Prime Minister Justin Trudeau isn't ruling out the possibility that Canada will ratify its new North American trade deal with the United States and Mexico even if U.S. tariffs on steel and aluminum exports are still in place.
Timeout on tariffs?Oct. 28, 2018
U.S. Suppliers say they can't afford to make investments to develop domestic metal sources if they're getting hit with tariffs. Some companies want the U.S. to exempt Canada and Mexico from metal tariffs.
Japanese carmakers' weapon of choice in Trump trade war: Flexible factoriesNov. 1, 2018
Designing assembly lines to build more than one type of vehicle dates back decades. But the ability to shift production from one type of vehicle to another is now proving vital for automakers.
Canada's U.S. envoy says metal tariffs dispute will be settled soonOct. 26, 2018
The Trump administration imposed the tariffs on imports of the metals from Canada and Mexico in June, citing national security reasons. Canada believes the tariffs were a tool to exert pressure during NAFTA talks.
Ford's Hinrichs says Trump tariffs make U.S. steel costliest in the worldOct. 22, 2018
Joe Hinrichs, a top Ford executive, is escalating his criticism of the Trump administration's metals tariffs that the company has already said took a US$1 billion bite out of profit.