Rebates protect Canada’s auto industry from retaliatory tariffs

FILE PHOTO: Ford and Lincoln vehicles are parked outside the Oakville Assembly Plant in Oakville, Ontario, Canada, November 6, 2016. REUTERS/Chris Helgren/File Photo

TORONTO (Reuters) – Canadian government customs provisions are expected to soften the blow on the country‚Äôs powerful automotive industry from retaliatory tariffs on U.S. steel, according to trade lawyers and industry leaders bracing for higher costs. Decades-old programs reduce or refund import duties on supplies like steel when companies in Canada can show the material […]

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