More on Trump threatening higher tariffs on Canadian car imports ...Middle East

warned that the existing 25% tariff on Canadian car imports could be raisedpushing his interest to bolster U.S. auto production and reduce dependence on foreign-made vehicles“We don’t want your cars … we want to make our own”

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A tariff increase would likely spark sharp Canadian retaliation and potential legal challenges under USMCA rules.

This article was written by Eamonn Sheridan at www.forexlive.com.

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