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Trump’s Auto Tariff Threat Sparks Market Turmoil | Spokane News
Trump’s surprise threat to slap a 50% tariff on all Canadian cars, trucks, and auto parts starting January 2027 has sent shockwaves through the auto industry, triggering stock drops and sparking retaliatory threats from Canada. With trade talks collapsing over disputes including heavy trucks, the move risks crippling the deeply intertwined U.S.-Canada auto supply chain — forcing manufacturers to absorb costs or halt production. While Trump insists “build in the U.S., no tariffs,” critics suspect this is a negotiating tactic, especially with elections looming. Canada is preparing…
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