@news.drop.media: A proposed reduction in U.S. auto tariffs from 25% to 15% might sound like progress. But McMaster engineering professor and former Toyota Canada executive Greig Mordue is warning Canadians to look beyond the headline number. Mordue argues that once U.S. content is accounted for, Canadian manufacturers could still face an effective tariff of roughly 7.5% to 8% — enough, in his assessment, to wipe out already-thin manufacturing margins. His bigger warning is what happens next. If producing vehicles in Canada means manufacturers permanently absorb additional tariff costs when selling into their largest market, companies have an obvious incentive over the medium and long term: move more production into the United States. That’s why Mordue warns that if 15% becomes the permanent endpoint, it could represent a potentially devastating turning point for Canadian auto manufacturing. The final agreement is still being negotiated, and the exact treatment of U.S. content could materially change the impact. So don’t judge this deal by saying 15% is better than 25%. Ask the question that matters: Can Canadian factories actually remain competitive under the final tariff structure? Because if the answer is no, Canada’s supposed tariff “win” could come at the cost of Canadian manufacturing jobs. #MarkCarney #AutoIndustry #CanadaUS #CanadianJobs #NewsDrop

news.drop.media

Open In TikTok:

Region: CA

Friday 21 August 2026 21:09:01 GMT