Canada's Retaliatory Tariffs Fuel Trump's Trade War, Roil Auto Sector [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance
Since his inauguration on Jan. 20. 2025, Trump has wasted no time backing up that sentiment, repeatedly dropping trade threats and tariff bombshells. The United States implemented a 25% tariff on foreign auto imports on April 3. Yesterday, Trump also announced sweeping reciprocal tariffs on multiple countries, sending shockwaves across the global economy. He announced a 10% baseline tariff on imports across the board and steeper rates for select nations. The White House exempted Canada and Mexico from the baseline tariff rate. However, Canada faces steep levies on steel, aluminum and vehicles. In response, Canada has fired back with its own set of tariffs, setting the stage for a costly standoff. Canadian politician Mark Carney announced a 25% tariff on American-made vehicles that do not comply with the U.S.-Mexico-Canada Agreement. The tariffs do not extend to auto parts or vehicles with significant Mexican content. Nearly 90% of Canadian-made vehicles are exported to the Unite
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STLA
Sec Filings
- 12/1/25 - Form 6-K
- 10/30/25 - Form 6-K
- 10/15/25 - Form 6-K
- STLA's page on the SEC website