Canada to drop tariffs on US-made cars if automakers keep production local
Canadian Prime Minister Mark Carney said his government will allow automakers to import US-manufactured cars and trucks without tariffs, as long as the companies keep making vehicles in Canada.
The move provides some relief from the trade war to companies including General Motors Co. and Stellantis NV that have assembly plants in Ontario but still export large quantities of vehicles from the US into Canada.
Last week, Carney put retaliatory tariffs of as much as 25% on vehicles made in the US, effectively matching an earlier move by US President Donald Trump on foreign autos. The two countries, along with Mexico, have operated a tightly integrated automotive supply chain for decades.
#USTariffs #CanadaTariffs #TradeWar #USCanadaRelations #NorthAmericaTrade #TariffDispute #CrossBorderTrade #EconomicPolicy #TradeTensions #ImportExport
Видео Canada to drop tariffs on US-made cars if automakers keep production local канала WELL WELL
The move provides some relief from the trade war to companies including General Motors Co. and Stellantis NV that have assembly plants in Ontario but still export large quantities of vehicles from the US into Canada.
Last week, Carney put retaliatory tariffs of as much as 25% on vehicles made in the US, effectively matching an earlier move by US President Donald Trump on foreign autos. The two countries, along with Mexico, have operated a tightly integrated automotive supply chain for decades.
#USTariffs #CanadaTariffs #TradeWar #USCanadaRelations #NorthAmericaTrade #TariffDispute #CrossBorderTrade #EconomicPolicy #TradeTensions #ImportExport
Видео Canada to drop tariffs on US-made cars if automakers keep production local канала WELL WELL
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17 апреля 2025 г. 1:59:05
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