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Canada To Offer Tariff Exemptions for Automakers Maintaining Domestic Production | Ozzie

Canada To Offer Tariff Exemptions for Automakers Maintaining Domestic Production

Ottawa exempts automakers from tariffs if Canadian production levels are maintained or increased. U.S. tariffs prompt Canadian countermeasures: CUSMA vehicle imports partially excluded from duties. Federal relief includes a six-month tariff holiday and loan support for affected Canadian companies. The federal government announced April 15 that automakers that continue producing vehicles in Canada will receive … Continue reading Canada To Offer Tariff Exemptions for Automakers Maintaining Domestic Production