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Donald J. Trump @realDonaldTrump - Minnesota is a Criminal COVER UP of the massive Financial Fraud that has gone on!
https://truthsocial.com/@realDonaldTrump/posts/115957091814780053
Donald J. Trump @realDonaldTrump - China is successfully and completely taking over the once Great Country of Canada. So sad to see it happen. I only hope they leave Ice Hockey alone! President DJT
https://truthsocial.com/@realDonaldTrump/posts/115957060813577755
Donald J. Trump @realDonaldTrump - A MUST WATCH. Canada is systematically destroying itself. The China deal is a disaster for them. Will go down as one of the worst deals, of any kind, in history. All their businesses are moving to the USA. I want to see Canada SURVIVE AND THRIVE! President DJT
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Hello, good morning. My name is Brian Kingston. I'm the President and CEO of the Canadian Vehicle Manufacturers Association.
Canada's auto industry is under enormous pressure.
With over 90% of Canadian production destined for the United States, there is no industry without U.S. access and North American integration.
Diversification is not an option for automotive, as markets in Europe and Asia are better served by assembly plants in those regions.
Canada's market alone is too small to justify large-scale manufacturing.
The future of Canada's auto industry, and the hundreds of thousands of jobs that it supports, depends on securing our trade relationship with the United States.
The federal government's decision to open the Canadian market to Chinese EVs is deeply concerning.
The Canada-China Strategic Partnership has the potential to undermine Canada's auto sector and presents risks to the future of our integrated North American automotive supply chain.
As the Premier has outlined, it is critical that the federal government rectifies this situation by taking immediate action to bolster the competitiveness of the very companies that have been building cars and employing Canadians for over 100 years.
Step one, is repealing the costly and redundant EV sales mandate.
Under the new Canada-China Strategic Partnership, Chinese manufacturers - that do not build cars in Canada or employ Canadians - will receive up to $980 million per year in compliance credits.
These compliance credits will be paid for by the very companies that operate here, taking money that could be reinvested in Canada, in Ontario, and sending it to China.
Step two is taking action to make Canada more competitive for auto.
We must urgently lower the cost of investing in plants, machinery and R&D to give Canada an edge over other jurisdictions.
The future of Canada's auto industry hangs in the balance.
The actions that we take now will determine whether or not we have an industry for 100 more years.
Thank you.
https://truthsocial.com/@realDonaldTrump/posts/115956946816324221
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