Automakers thought Canada was getting a trade deal. Then tariffs doubled.

Automakers previously anticipated that summer U.S.-Canada trade talks would provide relief from the 25% tariffs imposed by Washington. However, instead of achieving a favorable trade deal, the situation deteriorated significantly. The tariffs have now doubled, worsening the financial burden on the industry. This outcome contradicts the initial hopes of the automakers, who expected the negotiations to mitigate the impact of the existing trade barriers rather than increasing the costs associated with their operations.