Trump threatens higher tariffs on Canadian car imports, escalating trade tensions
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”**
Canada is a major auto exporter to the U.S., with highly integrated supply chains under the USMCA trade pact.
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. Read More Details
Finally We wish PressBee provided you with enough information of ( More on Trump threatening higher tariffs on Canadian car imports )
Also on site :
- Final Palisades fire evacuation order lifted
- A hillside of white crosses fuels a misleading story about South Africa’s farm killings
- Crash in Rosemont area leaves woman dead, 2 others injured