Canadian automobile parts won’t be hit with Trump’s tariffs

U.S. Customs and Border Protection guidance released today says automobile parts compliant with the Canada-U.S.-Mexico Agreement on trade will not be hit with President Donald Trump’s tariffs.

The 25 per cent auto part duties were set to go in place on May 3.

The guidance says the exemption does not apply to automobile knock-down kits or parts compilations.

Trump signed an executive order earlier this week he says will give some temporary relief to an automotive industry besieged by multiple tariffs.