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Canada Gives Tariff Exemption to Automakers That Stay in Country

  • Canada's Federal Finance Minister François-Philippe Champagne announced a six-month tariff relief for goods imported from the U.S. Used in various sectors.
  • Automakers manufacturing in Canada can import certain U.S.-assembled vehicles free of countermeasure tariffs under the new measures.
  • The tariff relief applies to health-care goods and aims to support public safety and national security objectives, according to the Minister of Finance's department.
  • Champagne emphasized the government's strong response to U.S. Tariffs, asserting that they will support Canada's workers and businesses.
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Forbes broke the news in United States on Tuesday, April 15, 2025.
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