Canada Cuts Tariff-Free Vehicle Imports
Canada announced a reduction in the number of vehicles Stellantis and General Motors can import tariff-free.
This move aims to enforce production commitments as the automakers realign operations due to U.S. trade tensions.
- Stellantis' tariff-free allotment will be cut by 50%.
- GM's tariff-free allotment will be cut by 24.2%.
The decision reflects Ottawa's stance that both companies no longer meet the criteria for exemptions due to reduced domestic production.
The tariff relief was contingent on continued domestic production and follow-through on planned investments.
This comes amid escalating tensions over the 25% tariff on vehicles assembled outside the United States, including those in Canada.
Author's summary: Canada reduces tariff-free vehicle imports for Stellantis and GM.
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