Categories: Auto News

Canada authorities introduced a 25 percent fee for all cars imported from the United States

Such a decision, adopted by the country’s prime minister, Mark Carney, was a response to the trade war, begun by Donald Trump. In addition to vehicles, components also fell under new tariff rates. The decision applies to finished vehicles that do not comply with the free trade agreement between the USA, Canada and Mexico.

All cars will fall under the duties, which are less than 75 percent consist of spare parts made in North America. Canada has also imposed on a similar tariff that did not fall under the agreement, and were not released by Mexican and Canadian enterprises. The authorities believe that the trade war will affect the trade flow worth more than $ 25 billion.

Stellantis stops two plants because of Trump’s tariffs in the United States greatly risen in price Ferrari and Porsche: this is the answer to the duties of Trump Auto-EU Auto Pravda predicted collapse due to new duties of Trump

The government intends to send income received from new duties for the protection of car industry workers. In particular, the authorities can start payments to 4,500 employees of the Canadian plant Stellantis, which is going to suspend the production of Chrysler Pacifica and Dodge Charger Daytona.

On the eve of the suspension of vehicles in the United States, the Volkswagen concern said. The decision was the Germans’ response to American duties.

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