Transportation
Ford, GM Hit Hardest by Canada’s 25% Retaliatory Auto Tariffs
An employee secures bolts on a vehicle frame at the Ford Motor Co. Chicago Assembly Plant in Chicago, Illinois.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Canada is hitting back against President Donald Trump’s auto tariffs with import taxes of as much as 25% on vehicles assembled in the US — and the biggest American automakers will bear the brunt.
Ford Motor Co., General Motors Co. and Stellantis NV are the large automakers with the biggest share of Canadian sales that rely on imports from the US, according to estimates from Jato Dynamics. For all three companies, a majority of the products they sell in Canada are manufactured in the US, the firm said.