US-Canada Trade Conflict - Auto Industry Concerned Over US Tariff Threats
TL;DR
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US President Trump is threatening to increase tariffs on cars and auto parts from Canada to 50 percent. This impacts German companies producing in Canada for export to the US, as well as battery technology investments. Trade talks between the US and Canada have failed, leading both countries to announce retaliatory tariffs.
Source: deutschlandfunk.de
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