The Kobeissi Letter
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가입 June 2015
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BREAKING: President Trump is set to reduce tariffs on automobiles imported from Canada from 25% to 15% as part of a broader trade deal with the country, per Bloomberg.
Details include:
1. Currently the US has imposed a 25% tariff on the non-US content of vehicles produces in Canada
2. The same content provision will apply to the new 15% rate
3. US and Canadian negotiators have reportedly discussed whether to widen the exemption to include additional content, though no firm decision to do so has been reached
The US-Canada trade deal appears to be materializing.
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