News Snapshot:
Open this photo in gallery: An employee works on the production line at the Martinrea auto parts manufacturing plant in Woodbridge, Ont., on Feb. 3.Chris Young/The Canadian Press A lead representative of Canada’s automotive parts sector is warning that U.S. President Donald Trump’s latest tariff plans would decimate vehicle production on both sides of the border, causing business to dry up for hundreds of supplier companies. On Wednesday, Mr. Trump said automobiles and auto parts imported to the U.S. will face 25-per-cent tariffs. Vehicles imported under the USMCA will be taxed at the same amount, and the rate will be...