U.S.-Canada Auto Tariffs Could Fall to 15%
The deal would cut auto tariffs to 15% and steel and aluminum tariffs to 25%, averting new levies on $20 billion in Canadian imports.
10 Articles
10 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 that Bloomberg consulted. Last year the White House imposed a 25 percent tariff on cars and trucks manufactured abroad. For vehicles produced in Canada and …
U.S.-Canada Auto Tariffs Could Fall to 15%
(TestMiles) - U.S.-Canada Auto Tariffs could fall from 25% to 15%, but a dispute over parts content will determine whether buyers actually save. The United States and Canada are discussing a potentially important reduction in the tariff on Canadian-built vehicles, according to people familiar with the negotiations. The rate under consideration would fall from the [...]
Canadian Dollar Trade Deal Bet Puts Magna’s $692 Million FX Lift in Focus
TORONTO, August 20, 2026, 11:45 EDT Draft terms could cut Canadian auto tariffs from 25% to 15%.That would reduce the stated tariff rate by 40%.Magna recorded a $692 million first-half currency translation lift. The Canadian dollar trade-deal bet could give Magna International (TSE:MG; NYSE:MGA) two gains at once. Draft terms may lower auto tariffs while…
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