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U.S. Automakers Hit With $10.6 Billion Tariff Burden Amid Trade Pressures

                                            A truck carries brand new cars on March 04, 2025 in Richmond, California.  U.S. automakers are facing mounting financial strain as tariffs on vehicles and auto parts imported from Canada and Mexico have surged past $10 billion in 2025, with estimates projecting the total to reach $10.6 billion by the end of October . The tariffs, imposed under trade measures tied to national security and regional content rules, have forced manufacturers to absorb much of the cost rather than immediately passing it on to consumers. However, analysts warn that vehicle prices could soon rise as companies struggle to offset the escalating expenses. Industry experts note that while the U.S.-Mexico-Canada Agreement (USMCA) provides some relief by reducing duties on vehicles meeting strict content requirements, many automakers st...
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Bonnie Crombie Loses Bid for Seat, Vows to Stay as Liberal Leader

 

In a surprising turn of events, Ontario Liberal Leader Bonnie Crombie lost her bid for a seat in the Mississauga East-Cooksville riding. Despite her efforts to flip Peel Region seats from PC blue to Liberal red, Crombie was defeated by her PC opponent, Silvia Gualtieri. 

The night started off rough for Crombie and the Liberals, with one TV station calling the election for the PCs within minutes of polls closing. However, Crombie remains determined to stay on as the Liberal leader and continue her political journey. 

While Crombie faced defeat, other party leaders, including Ontario NDP Leader Marit Stiles and Green Party Leader Mike Schreiner, successfully reclaimed their seats. 

Crombie's loss marks a significant moment in Ontario politics, as she vows to keep fighting for her party and constituents.



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