Automotive

TORONTO — Automakers in Canada, along with workers and everyone else with ties to the industry, are struggling to grasp the implications of and how best to respond to the ruinous industry tariffs that came into effect Thursday.

TORONTO — Ontario Premier Doug Ford says he was relieved to see Canada is not facing any of U.S. President Donald Trump's new "reciprocal" tariffs, but he is still very concerned about the province's auto sector.

Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs , and the U.S. stock market may be taking the worst of it.

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.S. employees.

Automaker Stellantis is temporarily pausing production at its assembly plant in Windsor, Ont., for two weeks as it assesses the effects of the recently announced U.S. tariffs on imported vehicles.

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.

For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency. Trump was elected on Nov.

President Donald Trump announced plans for sweeping tariffs Wednesday , saying “our country has been looted, pillaged, raped, plundered” by other nations.

NEW YORK (AP) — Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

BANGKOK (AP) — The trade war that U.S. President Donald Trump has escalated in his second term is a challenge for all Asian economies, large and small, in an era when the most populous region of the world is expected to drive global economic growth.