Auto industry braces for a blow from 25% tariffs on Canada and Mexico

The White House describes the tariffs as a response to inadequate border and drug enforcement. They are forecast to add thousands of dollars to the price of vehicles.

Mar 4, 2025 - 03:21
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Auto industry braces for a blow from 25% tariffs on Canada and Mexico
A car carrier trailer drive to cross to the U.S. at Otay Commercial port in Tijuana, Mexico on January 31. President Donald Trump

The White House describes the tariffs as a response to inadequate border and drug enforcement. They are forecast to add thousands of dollars to the price of vehicles.

(Image credit: Guillermo Arias)