The Trump organization is showing signs Canada could confront the same retaliatory trade measures as Mexico, in what might be a considerably greater interruption to automakers, for example like, Toyota Motor Corp. and, Fiat Chrysler Automobiles NV.
Asked whether an auto border duty could affect Canada, President-elect Donald Trump’s spokesman, Sean Spicer, told reporters their policy wasn’t particular to any one nation.
“When a company that’s in the U.S. moves to a place, whether it’s Canada or Mexico, or any other country seeking to put U.S. workers at a disadvantage,” then the incoming U.S. president “is going to do everything he can to deter that.”
“It’s not so much a target at one particular country or one particular industry,” Spicer said, according to a Bloomberg report.
In the weeks since the U.S elections, numerous Canadian government officials and administrators have tried to stress how coordinated the Canada-U.S. auto sector is, with parts doing a back and forth across the border. Some have additionally brought up that a duty on vehicles could expand the costs U.S. purchasers would need to pay.
Amid late contract arrangements with the Unifor union, the Detroit Big 3 automakers, GM, Ford and Fiat Chrysler, all dedicated to interests in their Canadian operations. Including plans by Honda reported for the current week for practically $500 million in investment at its Alliston, Ont., production offices, automakers have said in the course of recent months that they will contribute about $2 billion to Canada.
The Toyota Corolla production going to Mexico is really being moved south from a plant in Cambridge, Ont.