17 h. ago Trump’s Auto Tariff Relief Shields USMCA Auto Parts From 25% Tax

President Donald Trump’s revised auto tariff plan continues — at least for now — an exemption for parts that comply with the free trade agreement spanning North America, a concession desperately sought by industry.

Economics

18 h. ago Auto parts tariff exemption provides ‘certainty and relief,’ says Magna

TORONTO — The head of Magna International Inc. is cheering a tariff exemption for automobile parts compliant with the Canada-U.S.-Mexico Agreement. The U.S. had said last month it would start charging a 25 per cent tariff on all imported auto parts by May 3, but U.S. Customs and Border Protection guidance released Thursday provided clarification. […]

Economics

36 h. ago Canada auto parts get Trump tariff exemption under CUSMA, U.S. says

The bulletin from U.S. Customs and Border Protection says eligible auto parts under the Canada-United States-Mexico Agreement will be subject to a zero per cent tariff.

Economics

3 d. ago ‘A time of fog of war:’ Shifting tariff plans on auto parts causing confusion in industry

U.S. President Donald Trump is reportedly expected to end tariff 'stacking'

Economics

3 d. ago Trump to give auto sector tariff relief to spur move to U.S.

Treasury Secretary Scott Bessent says Trump is committed to bringing automobile manufacturing back to the U.S. and the change will help automakers move production faster.

Economics

4 d. ago Stocks, US Futures Advance on Auto Tariff Reprieve: Markets Wrap

Asian stocks rose to the highest level in a month on expectations President Donald Trump will ease the impact of his auto tariffs, boosting hopes for further dialing down of trade tensions.

Economics

8 d. ago Posthaste: Job losses ‘unavoidable’ in Canada’s auto sector as Donald Trump doubles down on tariff threat

'I really don’t want cars from Canada' — U.S. president

Economics

2 w. ago The Auto Experience show returns to Edmonton as new vehicle tariff rules begin

The return of Edmonton's auto show comes during new challenges for the industry as it faces new tariffs.

Economics

3 w. ago Trump hasn’t worked out how auto parts tariff would work, Ontario minister says

The Trump administration has yet to land on a formula for tariffs on automotive parts, according to one of Premier Doug Ford's top cabinet ministers.

Politics

3 w. ago Mexico Aims to Raise Auto Tariff Exemptions, Trade Official Says

Mexico wants a greater proportion of each auto built in the country to qualify for US origin status, a move that would lower the impact of President Donald Trump’s tariff policies, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutierrez said.

Economics

3 w. ago Canadian car dealership expects price hikes soon over auto tariff dispute

The general manager of a Ford dealership in Dartmouth, N.S. said that 75 per cent of the cars in his showroom are manufactured south of the border.

Economics