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Commercial Law

Journal

1987

Duty Remission

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Full-Text Articles in Law

The United States-Canadian Automotive Trading Relationship And The Legality Of The Canadian Duty Remission Program, David A. Cohen Jan 1987

The United States-Canadian Automotive Trading Relationship And The Legality Of The Canadian Duty Remission Program, David A. Cohen

Syracuse Journal of International Law and Commerce

The automotive industry influences the entire U.S. economy. This huge industrial structure directly affects over four million jobs in the United States. In terms of foreign trade in 1985, the United States exported approximately $6 billion worth of new passenger cars to foreign nations; 96 percent of those automobiles went to Canada. This is an illustration of the U.S. automotive industry's direct interest in the U.S.-Canadian trading relationship, and the desire to obtain the potential benefits of a "broadened trading relationship" between the two countries. Presently, the United States and Canada have a unique dutyfree automotive trading arrangement which is …