The Financial Post reports in its Wednesday edition that President Donald Trump and Liberal Leader Mark Carney share the belief that the U.S. tariffs will not spell the end for Canada's auto sector. The Post's Gabriel Friedman writes that Mr. Carney, however, emphasizes that a reimagining of the sector is crucial. Mr. Carney said the tariff "requires deliberate partnerships between government, business and labour." This perspective is gaining attention as the U.S. moves to weaken the decades-long integration established by the 1965 auto pact. The pact was started because Canada's auto sector was considered too small to compete independently. The pact was designed to support Canada's auto sector by tightly integrating it with the U.S., allowing parts and vehicles to cross the border several times before reaching consumers. However, Mr. Trump's proposed tariffs could disrupt this model, as 85 per cent of vehicles made in Canada are exported to the U.S. Starting Wednesday, a flat 25-per-cent tariff will be imposed on all finished vehicles not manufactured in the U.S., with the rate potentially reduced based on the value of U.S.-made parts. Additional 25-per-cent tariffs on Canadian auto parts may also be introduced later.