Canada’s auto sector could face layoffs, shutdowns due to Trump tariffs, say industry experts [Globe and Mail, The (Toronto, Canada)]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Globe and Mail, The
Ian Willms/The New York Times News Service Canada’s auto sector faces disruption and possible plant shutdowns and layoffs owing to U.S. President Donald Trump’s tariffs, industry experts say. Mr. Trump on Wednesday unveiled a main plank in his protectionist policies, declaring imported cars a threat to national security and slapping them with tariffs as high as 25 per cent starting April 3. Auto parts will also be taxed as of May 3 or later. Passenger vehicles and car parts imported into the United States under the Canada-United States-Mexico Agreement on trade will be taxed at a rate of 25 per cent on their non-U.S. content. Since vehicles made in Canada incorporate a substantial amount of U.S. parts – around 50 per cent, on average, by some estim
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News
- Trump says he ‘couldn’t care less’ if some automakers raise prices due to tariffs [MSNBC.com]MSNBC.com
- Trump threatens more tariffs as his 'Liberation Day' reveal nears: Live updates [USA TODAY]USA TODAY
- Volvo Car brings back Samuelsson as CEO to steer turnaround [Fortune]Fortune
- GM and Ford leaders' messages to employees indicate impact from Trump tariffs [Yahoo! Finance]Yahoo! Finance
- Michigan auto supplier Paslin tries to run business amid tariff chaos, frozen work [Yahoo! Finance]Yahoo! Finance
F
Earnings
- 2/5/25 - Beat
F
Sec Filings
- 3/28/25 - Form ARS
- 3/28/25 - Form DEFA14A
- 3/28/25 - Form DEF
- F's page on the SEC website