Trump imposes tariffs, shocking North American auto leaders

President Trump has confirmed that 25 percent tariffs on cars from Canada and Mexico will take effect on April 2. This decision has surprised auto industry leaders who expected tariffs to be used as negotiation tools. During a recent call, Trump informed executives from General Motors, Stellantis, and Ford that they need to prepare for the new tariffs. The executives had previously sought to delay the implementation. Despite their efforts, the auto leaders now recognize that further negotiations are unlikely. They have accepted the situation and are preparing for the impact on their supply chains.