In our opinion: Tariffs will hurt, not help, industry

Tractor trailers wait in line at the Ysleta-Zaragoza International Bridge port of entry, on the U.S.-Mexico border in Juarez, Mexico. President Donald Trump said he would impose additional 25 percent tariffs on all products from Mexico and Canada. — President Donald Trump said he would impose tariffs of as much as 25 percent on all products from Mexico and Canada. Whether this is an idle threat remains to be seen. (BLOOMBERG)

January 23, 2025 04:33 PM

Exorbitant U.S. tariffs on vehicles and parts sourced from Canada and Mexico would devastate the automotive industry — a sector that President Donald Trump often assures the country he’s committed to supporting.

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