Tariffs on Auto Parts Would Be Disastrous, Linamar CEO Says

The transcript discusses the impact of tariffs, with President Trump supporting them, while Linamar CEO Linda Hasenfratz argues they harm consumers and could lead to a recession. The discussion covers the minimal impact on Linamar due to their business model, but highlights the significant effects on American companies reliant on foreign steel and aluminum. The potential disastrous impact of tariffs on the auto industry is also explored, emphasizing the interconnected nature of the industry across North America.

How do tariffs affect consumers and the overall economy as discussed in the text?

What is the impact of existing tariffs on Linamar's business operations?

What are the challenges faced by American companies due to tariffs on steel and aluminum?

What are the potential consequences of imposing additional tariffs on auto parts according to Linda Hasenfratz?

Why does Linda Hasenfratz believe that the auto industry could collapse if tariffs on auto parts are imposed?