Flavio Volpe, president of the Automotive Parts Manufacturers’ Association, says recent tariff carve-outs for vehicles and potash weren’t brokered by Canada. Rather, companies and industry groups in the U.S. managed to successfully turn up the heat on U.S. President Donald Trump. (The Logic)
Talking point: Trump’s decision to pause tariffs on auto imports was the result of people like Ford CEO Jim Farley getting through to the Oval Office, according to Volpe. He told The Logic that once that happened, the dam broke and it was only a matter of time before other industries began to speak up. In Martinrea’s earnings call this week, the Vaughan, Ont.-based autoparts manufacturer’s executive chairman Rob Wildeboer said tariffs did not appear to be top of mind for people in Washington a few weeks ago, but that has drastically changed.