News

Canada is dropping many of its retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United ...
While auto parts from USMCA-compliant suppliers are exempt from the tariffs, imported vehicles themselves are still subject to the 25% duties, which could lead to higher vehicle prices in the U.S.
Canada is easing trade tensions with the United States, announcing Friday it will lift most of its retaliatory tariffs on ...
Martinrea and Linamar highlighted compliance with the Canada-U.S.-Mexico Agreement as a source of shelter from the harsh ...
After months of heated rhetoric and saber rattling directed at our neighbors to the North, and the more recent move to hike ...
Canada demands US remove tariffs on its auto sector, and adds a 25% counter-tariff on certain vehicles and parts. By Jay Ramey Published: Apr 10, 2025 12:50 PM EDT ...
In her post, the apparel executive claimed that, although her clothing was made in Canada, the USMCA trade rules for textiles ...
HONORING PAST COMMITMENTS The Canadian government confirmed the USMCA auto side letters' terms in an emailed statement to Reuters, and said it fully expects the U.S. to honor the agreements.
Auto suppliers have been adamant that they will not or cannot taken on the 25% increased costs on non-compliant USMCA parts — tariffs that could be in addition to levies on steel and aluminum ...
Key Points All imported vehicles will face a 25% tariff unless they meet specific U.S. content requirements under USMCA. Auto parts will follow by May 3, 2025.
The agreement, known as the USMCA, raised required regional content to 75% of a vehicle’s value or components. Under the old NAFTA agreement, that threshold was 62.5%.
Key Points All imported vehicles will face a 25% tariff unless they meet specific U.S. content requirements under USMCA. Auto parts will follow by May 3, 2025.