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Canada Slaps 25% Tariff on Vehicles Imported From the US

  • Canada has announced tariffs of up to 25 percent on vehicles imported from the US.
  • The 25-percent tariff will only apply to parts of the vehicle imported from the US that didn't originate from Canada or Mexico.
  • Canada is following through on a promise made to respond to Trump's tariffs on all foreign-made cars, including those from Canada.
  • The Department of Finance vowed to keep the tariff in place until the US eliminates its tariffs on Canada-built vehicles.

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