Latest news with #autoSector
CTV News
03-07-2025
- Automotive
- CTV News
‘Impossible to achieve': Automakers call on Ottawa to scrap EV mandates
Brian Kingston, President of the Canadian Vehicle Manufacturers' Association, joins BNN Bloomberg to discuss the current challenges facing the auto sector.
Bloomberg
02-07-2025
- Automotive
- Bloomberg
President Trump Insists on July 9 Tariffs Deadline
Good morning. Donald Trump sticks with his tariff deadline. The president's 'Big Beautiful' bill may be in hot water in the House of Representatives. And a startup unveils its 'transparent' smartphone... Listen to the day's top stories. Donald Trump is sticking to his July 9 deadline for higher duties to kick in again, and deepened his criticism of Japan, saying 'I'm not sure we're going to make a deal.' Japan said it's engaging in talks in good faith, but the threat fueled fears of a worst-case scenario and raised doubts over Tokyo's tactics. One of the bigger sticking points is the auto sector. As a reminder, here's our definitive guide to Trump-style trade talks.
NHK
02-06-2025
- Business
- NHK
Japan government arranging for chief negotiator trip to US for tariff talks
Japan's government is arranging for the country's chief tariff negotiator to travel to the United States for the third straight week starting Thursday. This would be Economic Revitalization Minister Akazawa Ryosei's fifth trip to Washington for ministerial tariff talks. Akazawa said he will have thorough discussions with his US counterparts and do everything he can to pave the way for a deal. The minister said Japan cannot afford further delays, as the auto sector, a pillar of the nation's economy, started suffering losses. He said the fastest way to resolve the situation is for US President Donald Trump's administration to review the tariffs it imposed on Japan. The Japanese government is exploring negotiation strategies in a bid to pave the way for the two countries' leaders to strike a deal on the sidelines of the Group of Seven summit in Canada in mid-June. Officials, however, said they are committed to prioritizing national interests. Akazawa said he would "make haste slowly." A senior foreign ministry official said the summit could mark a milestone, but it is not a deadline.
CTV News
09-05-2025
- Automotive
- CTV News
Canada may need to prepare 'exiting auto industry': Business analyst
Watch Business analyst Ian Lee explains how Canada's auto sector can survive the U.S. trade war by diversifying imports and working with China.
