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Canada’s automotive industry has been undergoing significant shifts amid a backdrop of global economic pressures and technological advancements. In response to these developments, the Canadian government is offering tariff relief measures to support local automakers.
This decision comes as Honda reportedly denies speculation about relocating its operations to the United States. The tariff relief initiative aims to bolster Canada’s auto industry by incentivizing production and investment in the country.
Source: https://www.kanalcoin.com/canada-automakers-tariff-relief-honda/
