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Tag: WTO tariffs

Tarrifs on Canada historically

Tarrifs on Canada historically

  Tariff Regulations and the Growth of Canada’s Automotive Industry The development of Canada’s automobile industry was heavily influenced by tariff regulations that encouraged domestic production while maintaining strong ties with American manufacturers. During the early years of the 20th century, high import duties on fully assembled vehicles made it expensive for foreign automakers—especially those in the United States—to sell their cars in Canada. To circumvent these tariffs, many American manufacturers established Canadian production facilities, leading to the birth of…

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