Canadian tariffs on autos and parts lowered over 5 years, but over 25 years in U.S.

As the auto parts sector awaits the appointment of a new trade minister, the industry is split over the Trans-Pacific Partnership, the trade deal that Canada signed and will soon have to ratify.

New revelations from the still secret deal show that Canada agreed to phase out its 6.1 per cent tariff on imports of Japanese vehicles over a five-year period, much shorter than the 25 years that the U.S. was able to negotiate.

This has been excerpted from the 29 October 2015 edition of CBC News and is available in its entirety at:
http://www.cbc.ca/news/business/tpp-auto-parts-sector-1.3292456