Canada to Revamp Tariffs to Keep Auto Plants Trump Covets

Prime Minister Mark Carney’s government plans to change its tariff system to create a stronger financial incentive for automakers to invest in Canada, resisting US efforts to lure factory jobs away.

The government is keeping the counter-tariffs it imposed on US-made cars and trucks last year as retaliation for President Donald Trump’s own levies. But it’s launching consultations on a new “import credit” scheme that would help auto companies lower their tariff bill.