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Canada Boosts Auto Industry with Higher Tariff-Free Quota

Published 2 weeks, 6 days ago
Description

Canada Boosts Auto Industry: Higher Tariff-Free Quota for US-Made Vehicles

Canada has approved a higher tariff-free quota for an unnamed automaker to import more US-made vehicles, rewarding companies boosting local jobs. The move helps the firm bring in vehicles without import duties, tying directly to how much assembly happens in Canada. The decision comes as part of a fresh federal auto strategy aimed at drawing more investment.

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