While the U.S. may cut auto tariffs to 15%, analysts warn the levy on Canadian-made vehicles could still be enough to force automakers to flee the country
A 15 per cent tariff on Canadian-made cars entering the U.S. would still be a major problem for this country’s automotive sector even if it’s better than what we’ve been threatened with, industry analysts say.
According to reports from several U.S. publications, the U.S. has agreed to cut the tariff on Canadian-made cars from the current 25 per cent to 15, as part of a tentative trade deal this week.
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The U.S. and Canada could be close to an agreement on cutting auto tariffs to 15% but effective rates may be lower.
The US plans to cut its 25% tariff on Canadian-built vehicles to 15%, with content-based deductions that could push effective…
The U.S. is considering lowering steel and aluminum tariffs from 50% to 25% and auto tariffs from 25% to 15%
The United States and Canada are nearing a trade agreement. Proposed terms include reducing auto tariffs to fifteen percent from…
Canadian officials are considering accepting U.S. tariffs on auto exports in return for Washington reducing levies on vehicles…
The US and Canada are negotiating tariff-rate quotas to reduce 50% steel and aluminum tariffs to 25%, with broader USMCA review…
