Michigan’s auto industry under pressure due to US-Canada trade war

According to a previous statement released by the Canadian federal government, Canada's tit-for-tat counter-tariffs against the United States will officially take effect on September 8 local time in Canada. On August 25, the Canadian federal government announced that it would impose retaliatory tariffs on American goods worth 27.6 billion Canadian dollars, approximately 20 billion US dollars. These tariffs involve industries such as steel and aluminum, dairy products, home appliances, and agricultural equipment. In fact, the economies of the United States and Canada are closely linked, and the trade war not only increases the cost of cross-border trade between the two countries but also undermines confidence in the relevant industries. The automotive industry is one of the sectors deeply affected by the US-Canada trade war. In Michigan, US-based automotive manufacturers and auto parts companies have seen a significant rise in operating costs and a marked decline in profits. Michigan is a major hub of the American automotive industry, and the state maintains close ties with Ontario's automotive sector in Canada. Currently, Michigan is under immense pressure from tariff policies and the ongoing trade war. Workers in Michigan's automotive industry are also feeling the negative impacts of these tariff measures. (CCTV)