Reuters exclusively reports Canada would respond to U.S. tax credits for American built EVs - Reuters News Agency
Automotive

Reuters exclusively reports Canada would respond to U.S. tax credits for American built EVs

Reuters exclusively reported that Canada would respond “appropriately” to proposed U.S. electric vehicle tax credits for American-built vehicles, which it says would harm workers on both sides of the border. Industry Minister Francois-Philippe Champagne, who previously served as foreign minister for Prime Minister Justin Trudeau, met with U.S. Commerce Secretary Gina Raimondo, White House Science Advisor Eric Lander and Michigan Senator Gary Peters in Washington. The tariffs would run against the rules of the North American trade agreement – the USMCA – and World Trade Organization.

Article Tags
Topics of Interest: Automotive
Type: Reuters Best
Sectors: Equities
Regions: North America
Countries: Canada
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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