Canada will impose a 25% tariff on U.S. car imports that do not comply with the United States-Mexico-Canada Agreement (USMCA) in retaliation for similar U.S. tariffs. Prime Minister Mark Carney announced this measure but did not specify when it will take effect. The U.S. recently initiated a 25% tariff on all car imports, with additional duties on automotive parts starting soon. Carney clarified that Canada would not apply these tariffs to U.S. automotive parts or vehicle content from Mexico.


Source: https://www.supplychaindive.com/news/canada-responds-auto-tariffs-trump-usmca/744472/

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