Tariffs loom, but US automakers began making cars in Canada, Mexico in early 1900s
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 The agreement was abolished in 2001, but by then NAFTA had more or less superseded it.
President Donald Trump’s desire to hit Canada and Mexico with 25 percent tariffs has put a new spotlight on auto ...
Although the situation remains in flux and a temporary pause is in place, one thing is very clear: sustained, significant ...
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