A few days ago, the new US President Donald Trump signed an executive order imposing additional tariffs on Canada, Mexico and China. We didn’t wait long for a reaction, and the first to speak out was the head of the Canadian automotive industry, Flavio Volpe, who criticized Trump.
The BBC used this opportunity to recall Trump’s statements about US-Canadian relations and the automotive industry in particular. Not long ago, Trump said: “We don’t need their cars. I’d rather make cars in Detroit.”
Flavio Volpe said that about 2 million vehicles are produced in Canada annually, of which 1.6 million are exported to the United States. This includes General Motors, Ford, Dodge, and Chrysler.
Volpe believes that the plans set by the new US administration are very ambitious, and for their realization it is necessary to build 25 production plants to meet demand. This takes a long time (10 to 15 years), and Ford and General Motors would probably go bankrupt in the whole process.
“So I have a message for Trump. Grow up,” Volpe said.
Source: BBC