Regarding US President Trump's latest tariff threat to the Canadian automobile industry, the US side reported on the 24th that since Trump came to power, the automobile industry has been suffering from ever-changing trade policies. Once high automobile tariffs are implemented, they may disrupt the stable market established over a long period of time, have a profound impact on the entire automobile industry, and impact America's own automobile industry. Patrick Anderson, CEO of Anderson Economic Group, said that America's threat to the Canadian automobile industry's higher tariffs is a real trade war. This is a heavy blow to the automobile industry and will cause factories in the US and Canada to close. According to the trade agreement between the US and Canada, the automobile industry between the two countries has very convenient trade circulation. Cars manufactured in Canadian factories rely heavily on components supplied by American suppliers, which employ more than 500,000 Americans. If automobile tariffs are raised, a large number of American auto industry workers will lose their jobs.

Regarding US President Trump's latest tariff threat to the Canadian automobile industry, the US side reported on the 24th that since Trump came to power, the automobile industry has been suffering from ever-changing trade policies. Once high automobile tariffs are implemented, they may disrupt the stable market established over a long period of time, have a profound impact on the entire automobile industry, and impact America's own automobile industry. Patrick Anderson, CEO of Anderson Economic Group, said that America's threat to the Canadian automobile industry's higher tariffs is a real trade war. This is a heavy blow to the automobile industry and will cause factories in the US and Canada to close. According to the trade agreement between the US and Canada, the automobile industry between the two countries has very convenient trade circulation. Cars manufactured in Canadian factories rely heavily on components supplied by American suppliers, which employ more than 500,000 Americans. If automobile tariffs are raised, a large number of American auto industry workers will lose their jobs.