US tariffs on Mexico and Canada would hurt the entire North American auto industry

The automobile industry has been a focus as the Trump administration rolls out tariffs on Mexico and Canada. Canada and Mexico are the top two US exporters of vehicles to the United States. The entire North American automobile industry would suffer if Canada and Mexico are forced to pay US tariffs. President Donald Trump’s administration has reignited talk of trade wars after announcing a new round of steel and aluminum tariffs targeting several US allies. Franklin Templeton Multi-Asset Soluti...