
The head of General Motors’ Canada division is now sounding the alarm. If Trump follows through with his plan to push forward with tariffs, decades of progress could be unraveled from the delicate North American auto industry supply chain, causing vehicle prices to spike. And that means the consumer will ultimately be the one who suffers.
“It is a disruption that is in no one’s interest, especially in the U.S.,” warned GM Canada President Kristian Aquilina
It’s not just the U.S. that could face higher vehicle prices, either. Canadian residents in particular will also be affected, as an estimated 50% of the vehicles sold in Canada in 2023 were imported from the U.S.