The $ 17 billion car industry has prepared “with the best of what they can” have a customs tariff.
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It is estimated that the BC auto industry is about $ 17 billion in economic activity and the impact of reprisal definitions in Canada on the American auto industry.
The definitions entered into force from 9 pm on Tuesday.
“We have all realized that something is likely to come for some time and that all manufacturers are preparing for the best they can download with many parts to manufacture vehicles,” said Blair Coeli of the British Columbia Car Traders Association.
“Merchants do the same, trying to make sure they have many compounds that they can get now, they will not be subject to definitions, as well as the parts they think they will need. So everyone is trying to reduce them as possible as possible.”
The definitions are continuing to a commitment by Prime Minister Mark Carney to respond to the 25 percent US tax on Canadian -made vehicles.
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As for the news that affects Canada and around the world, he participated in the urgent news alerts that were delivered directly when it occurs.
The date was left on the empty tariffs while the impact of the definitions was examined, but on Tuesday, the Canadian government said it would enter into force on April 9.
Now, the value of the American components of the car will be obtained not already compatible with the Canadian Free Trade Agreement-USA by an additional 25 percent.
It may take some time before feeling the full impact of the consumer, as traders may have some pre -fire shares that they can sell first.
“This depends on manufacturers,” said Qualey.
“This depends, as you know, to what extent they want to absorb in the first days of this, in terms of the effect of definitions. So the amount of what will affect this and for how long is it difficult to say; some of them will be passed.”
The BC auto industry employs about 30,000 people.
The industry survived the financial collapse in 2008 Covid-19s.
But it remains to see how the industry moves in a commercial war.
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