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Market Chatter: Detroit Three industry group calls Ottawa tariff move an 'unforced error'
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Market Chatter: Detroit Three industry group calls Ottawa tariff move an 'unforced error'
Oct 24, 2025 12:23 PM

03:05 PM EDT, 10/24/2025 (MT Newswires) -- The industry group behind the Detroit Three automakers says the Canadian government is making a mistake by charging tariffs against some U.S. imports, The Canadian Press is reporting Friday.

It noted the Canadian federal government said Thursday that it would be limiting how many vehicles Stellantis and GM can import tariff-free after both companies cut back on their Canadian operations.

Brian Kingston, head of the Canadian Vehicle Manufacturers' Association, says in a statement that while the group supports the goal of protecting Canada's auto industry and workers, the tariff move is an "unforced error at the worst possible time."

In April, the report noted, Ottawa gave exemptions on retaliatory tariffs to some automakers as long as they maintained Canadian jobs and investments, but in the past two weeks both GM and Stellantis have announced cuts to their planned production that leave thousands of Canadian out of work.

In response, Ottawa is reducing how many vehicles Stellantis can import tariff-free by 50%, and for GM by 24%.

Kingston says that the industry still supports tens of thousands of good jobs and that every effort should be focused on working together to strengthen the industry, rather than the response it's seeing.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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