- Entry
- $46.69
- Final
- $47.80 +2.4%
- Target
- —
- Score
- -1.00
[https://globalnews.ca/news/11013600/donald-trump-canadian-cars-tariff/](https://globalnews.ca/news/11013600/donald-trump-canadian-cars-tariff/) So the raw steel and aluminum that goes into US automotive manufacturing has announced tariffs, [currently scheduled to go into effect for March 12](https://www.reuters.com/markets/commodities/new-steel-aluminum-tariff-rates-take-effect-march-12-executive-orders-show-2025-02-11/), and the President is now threatening a 100% tariff on Canadian cars, and presumably car parts as well. The supply chain is deeply integrated and much worse than a 25% increase in prices caused by this, the entire North American auto sector runs on just in time 24 hour stockpiles. As with the recent de …
— ORIGINAL POST ·
Trump threatens 100% tariff on Canadian automotive sector
· r/wallstreetbets
· Feb 11, 2025