🚨 LATEST UPDATE :
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.
$ZEC $SOL $XRP
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.
$ZEC $SOL $XRP