El primer ministro, Mark Carney, anunció el jueves varias medidas destinadas a convertir a Canadá en líder mundial en vehículos eléctricos y a rescatar una industria asolada por la política comercial estadounidense.
Prime Minister Mark Carney announced several measures Thursday aimed at making Canada a global leader in electric vehicles and rescuing an industry ravaged by U.S. trade policy.
The agreement, while scarce on details, is the latest step by Prime Minister Mark Carney to reduce Canada’s reliance on trade with the U.S.
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
The prime minister is seeking new markets for Canadian goods and to mend relations with China after years of deep acrimony between the two nations.
Liberals should reconcile with America’s oil and gas industry.
The automaker switched production from Ontario in a bid to please President Trump. But the company defaulted on contracts covering hundreds of millions of dollars in assistance, Canada said.
Two economists on the price of playing nice with a superpower.
The leaders of Canada and China will meet for the first time in eight years to try to reset relations after years of acrimony.
The announcement, which will eliminate about 1,200 jobs, came less than a week after the carmaker Stellantis said it would move production of a new vehicle to Illinois from a Toronto suburb.
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
President Trump’s trade war again tests Canada’s new government. Honda is also canceling plans for a major electric vehicle factory in Canada.
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
El presidente Trump dice que los aranceles fomentarán la inversión en fábricas estadounidenses, pero según analistas los compradores de automóviles pagarán miles de dólares más.
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
El gobierno de Canadá quiere saber cómo el fabricante de coches eléctricos consiguió vender dos coches por minuto del 10 al 12 de enero, lo que le permitió reclamar decenas de millones en reembolsos estatales.
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
The sales numbers provided by the company-owned shops allowed them to claim tens of millions in government rebates. Now those numbers are under scrutiny.
People spray-painted a Tesla dealership, punctured tires and scratched vehicles in apparent protest of Elon Musk, who has made repeated jabs at Canada.