💨 Abstract

In response to US President Donald Trump's tariffs on Canadian auto sector, Canada will impose a 25% tariff on all US vehicle imports that do not comply with their free trade agreement. Revenue from these tariffs will support Canadian auto workers and the industry. For US vehicles compliant with CUSMA, Canada will also impose a 25% tariff on non-Canadian or Mexican content.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖