Trump Set to Cut Canada Auto Tariffs to 15% in Trade Deal
6 Articles
6 Articles
The U.S. President’s government, Donald Trump, is preparing to cut tariffs on cars imported from Canada from 25 percent to 15 percent as part of a broader agreement that would allow the neighboring country to eliminate its trade reprisal measures, according to people familiar with the matter. Last year the White House imposed a 25 percent tariff on cars and trucks manufactured abroad. For vehicles produced in Canada and Mexico, the tax applies o…
Trump Proposes Reducing Canada Auto Tariffs to 15%
“The Trump administration is poised to reduce tariffs on automobiles imported from Canada to 15% from 25% as part of a broader deal that would see the U.S. neighbor drop retaliatory trade measures,” Bloomberg reports. CNN: Trump pauses 50% Canada tariffs, says the two sides have a “deal.”
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