OTTAWA – A trade agreement struck between Canada and South Korea last week has raised fears within the Canadian automotive industry about a potential increase in auto exports from the Asian country. Upon the agreement’s ratification, which may happen within a year, South Korea will remove all existing tariffs, including the 8% duty on passenger cars and light trucks, and duties ranging from 3% to 8% on auto parts exported from Canada. Canada, in turn, will remove the current 6.1% ...

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