Good morning! Welcome to The Morning Shift, your roundup of the auto news you crave, all in one place every weekday morning. Here are the important stories you need to know. 1st Gear: Trade Tension This weekend’s G7 summit between leaders from the U.S., Canada, Italy, France, Great Britain, Germany and Canada didn’t end on a great note, after President Donald Trump refused to sign the group’s communique after saying he felt slighted by Canadian Prime Minister Justin Trudeau’s comments on U.S. trade tariffs. Trump is mad at Canada’s tariffs on U.S. dairy products, and one response is a U.S. tariff on steel and aluminum, which matters to you, Jalopnik reader, because critics fear it could raise the price of cars. But as this trade war looks to escalate, now we have the U.S. threatening to put tariffs on cars themselves, Reuters reports: Canada, Mexico and the EU also are moving ahead with their own levies on U.S. goods. But tariffs on U.S. imports of cars and auto parts would devastate the Canadian auto industry, which is highly integrated with the U.S. sector. They could also damage Japan and Germany. The Trump administration announced two weeks ago that it would investigate whether auto imports hurt U.S. national security, the first step toward tariffs similar to the ones he imposed on steel and aluminum imports last week. Earlier on Saturday, Trump told reporters it would be “very easy” to make the case for tariffs on auto imports using the rationale that… [Read full story]
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