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Linamar CEO Jim Jarrell on Tariffs: An Entrepreneurial Opportunity

CNBC TelevisionApril 7, 20253 min2,938 views
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Impact of Tariffs on the Auto Industry

  • 🎯 The discussion centers on the impact of a 25% tariff on foreign-made autos and auto parts, with clarity emerging on exemptions.
  • 💡 Current understanding suggests that vehicles and parts compliant with USMCA will be exempt from these tariffs.
  • ⚠️ While steel and aluminum tariffs have some impact, the focus is on the USMCA compliancy as the key determinant going forward.

Linamar's Perspective on Trade

  • 📈 For Linamar, the impact of these tariffs is not material, and they view the situation as an opportunistic basis for growth.
  • 🧩 The integrated nature of North American auto parts trade is likened to
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What’s Discussed

TariffsAuto IndustryAuto PartsUSMCATrade ExemptionsSteel and Aluminum TariffsNorth American TradeLinamarJim JarrellEntrepreneurial Opportunity
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