Canada to Revamp Tariffs to Help Automakers
3 Articles
3 Articles
Prime Minister Mark Carney’s government plans to change its tariff system to create a stronger financial incentive for car manufacturers to invest in Canada, resisting U.S. efforts to attract factory jobs. The Canadian government maintains the compensatory tariffs it imposed on cars and trucks manufactured in the U.S. last year in retaliation for President Donald Trump’s taxes. However, it is starting consultations on a new “import credit” progr…
Prime Minister Mark Carney’s government plans to change its tariff system to create a stronger financial incentive for car manufacturers to invest in Canada, resisting U.S. efforts to attract factory jobs. The government of Canada maintains the compensatory tariffs it imposed on cars and trucks manufactured in United States.
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