CPATPP may save UK exporters from Canada free trade deal failure
For UK automotive manufacturers, a new trade route to Canada beckons – via the Pacific. Not ...
© Risto Hunt
Proposed tariffs on car imports to the US could see the country lose some 157,000 jobs overall. This, The Hill writes, is the likely upshot following a report conducted by policy consultancy Trade Partnership into the tariffs. The jobs figure excludes any impact of reciprocal tariffs levied by US trading partners. The report goes on to note that while tariffs would boost auto sector jobs by around 92,000, they would “destroy” 250,000 jobs in the rest of the economy.
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