US tariffs on Canadian and Mexican imports may slash vehicle production by a staggering one-third next week! Major automakers could face losses of 20,000 vehicles daily as they navigate rising costs and consumer hesitancy. The impact will vary across brands, with industry leaders urging for exemptions. Read the full analysis on the potential chaos these tariffs might unleash. https://www.cnbc.com/2025/03/04/trump-tariffs-north-american-auto-production.html #AutomotiveIndustry #Tariffs #VehicleProduction #Economy
Kudos to Michael Wayland for this insightful article!
