Market News: According to sources familiar with the negotiations, the US and Canada are in discussions. After deducting part of the value component, the current 25% US tariff on Canadian cars may be lowered to 15%. Some North American auto industry officials believe that the above two plans are superior to the current situation where the US imposes 25% tariffs on Canadian cars. Japan, South Korea, and the European Union have automobile tariff rates of 15%.

Market News: According to sources familiar with the negotiations, the US and Canada are in discussions. After deducting part of the value component, the current 25% US tariff on Canadian cars may be lowered to 15%. Some North American auto industry officials believe that the above two plans are superior to the current situation where the US imposes 25% tariffs on Canadian cars. Japan, South Korea, and the European Union have automobile tariff rates of 15%.