Stellantis and GM to Pay Duty on U.S. Vehicles
The Carney government has announced that Stellantis and GM will have to pay duty on U.S. vehicles due to their failure to meet production promises in Canada.
Industry Minister Melanie Joly met with GM executives and summoned Stellantis' Canadian head Jeff Hines to discuss the matter.
- Stellantis and GM announced cuts in Brampton and Ingersoll, Canada.
- Canada is denying the companies counter-tariff exemptions.
- The federal government notified the companies that they are no longer eligible for a full break on Canadian counter-tariff duties.
The federal finance and industry departments notified the companies they are no longer considered eligible to get the full break on Canadian counter-tariff duties on autos they import to Canada.
The federal Liberal government repealed retaliatory tariffs against the U.S.
Author's summary: Stellantis and GM face duties on U.S. vehicles.