Executives in Canada's auto industry have planned for a Donald Trump presidency, says the head of the Auto Parts Manufacturing Association (APMA).
That’s because the Republican candidate who defeated Democrat Hillary Clinton in the Nov. 8 election has vowed to “terminate” the North American Free Trade Agreement (NAFTA).
“The trade policies of Hillary Clinton, from NAFTA to China to Korea to the Trans-Pacific Partnership – which by the way is a disaster – have raided your factories, crushed your auto industry and gutted your communities,” Trump said in Grand Rapids, Mich., early on Election Day, Nov. 8.
He’s a president-elect determined to bolster America’s auto sector by tearing up trade deals and refusing to sign new ones.
As the vote grew closer, the auto industry started planning, Volpe said.
“People were starting to model what it would look like if a Trump victory meant a new look at NAFTA,” Volpe told Automotive News Canada, Nov. 9. “I think everyone was prudently saying, ‘If he wins, what does it mean for us?’
“I heard that in Washington, D.C. when we went there [in September] and we met with Congressional leaders and manufacturing leaders. I heard that in Detroit.
“And I certainly heard it up and down Highway 401 on this side of the border.”