Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.

Donald Trump's pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen and Stellantis and their suppliers than any direct tariffs on EU goods,

Trump's proposed 25% tariffs on vehicle imports from Mexico and Canada have sparked widespread concern in the U.S. automotive industry.

U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors , and raise prices of SUVs and pickup trucks for U.

Mexico and Canada are two of America's biggest trading partners, shipping everything from energy and vehicles to machinery and electronics to the US.

Mexican President Claudia Sheinbaum warned of retaliatory tariffs if U.S. President-elect Donald Trump imposes proposed tariffs that could cost 400,000 U.S. jobs. Mexican Economy Minister Marcelo Ebrard highlighted the potential impact on the automotive industry,

Experts said Michigan's agricultural and energy sectors would suffer too, resulting in higher prices for groceries and home heating.

The Trump administration is threatening steep tariffs that will have a profound impact on the Aerospace and Defense industry and global supply chains.

The president-elect says he would impose tariffs on all imports from Canada and Mexico, which could hurt the auto industry.

There is precedent for Trump making good on his tariff promises. In 2018, his administration slapped a 25 per cent tariff on Canadian steel and a 10 per cent tariff on aluminum, citing national security threats. Canada retaliated with its own tariffs, and the year-long tariff war that ensued put the ratification of the newly-created CUSMA on hold.