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Trump wants to replace Canadas car industry. How much would that cost? – National [Video]

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Canadian National News

If there’s one sector in the Canadian economy that has faced the particular focus of U.S. President Donald Trump‘s tariff threats, it’s Canada’s auto industry.

Trump has said that he wants to “make the cars in Detroit,” indicating that he wants to replace Canada’s industry with a fully domestic American car industry.

But experts say it could end up costing the U.S. tens of billions of dollars and in the end, the squeeze might not be worth the juice.å

In an interview with Fox News earlier this month, Trump said Canada “stole” the automobile industry from the United States.

“If you look at Canada, Canada has a very big car industry. They stole it from us. They stole it because our people were asleep at the wheel,” Trump said.

He added, “If we don’t make a deal with Canada, we’re going to put a big tariff on cars. Could be a 50 or 100 per cent because we don’t …

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