Despite tariff disputes, Mexico, Canada have been key to US auto industry for decades
In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs between the two countries. This led to increased auto manufacturing in Canada and more jobs. The agreement was abolished in 2001, but by then NAFTA had more or less superseded it.
Canada, Mexico can avoid tariffs with border action, Lutnick says
United States President Donald Trump ’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend if they clamp down on border security — while also signalling that Trump is likely to impose widespread new levies to return manufacturing to U.S. soil.
President Donald Trump’s threats to start a trade war with Mexico and Canada rattled markets and prompted concerns about what ...
With geopolitical shifts pushing North American countries closer together, many economic leaders argue that the U.S., Canada, and Mexico relationship should be stronger.
Christine Romans, NBC News Senior Business Correspondent and Yamiche Alicindor, NBC News White House Correspondent join ...
If the oil is properly priced, if they treat us properly, which they don’t,” Trump said. “Look, Mexico and Canada have never been good to us on trade,” he continued. “They’ve treated ...
The Telegraph takes a deep dive into the data as Donald Trump imposes tariffs on the US’s four largest trading partners ...
Canada are set to take effect on Tuesday, particularly impacting the automotive industry, which relies heavily on trade.
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