Canada Opens Doors to Chinese EVs as China Eases Canola Tariffs
TL;DR Summary
Prime Minister Mark Carney moves Canada toward greater Chinese EV imports, allowing up to 49,000 Chinese EVs at the MFN 6.1% tariff (rising to 70,000 by year five) and signaling a broader shift in Ottawa–Beijing trade ties, while China plans to cut Canadian canola tariffs to about 15% by March 1. The policy shift follows a period of tariffs and aims to diversify Canada’s trade away from the United States, though it faces domestic auto-industry concerns and potential U.S. blowback.
- Carney opens Canada to Chinese EVs, China cuts canola tariffs Politico
- China and Canada announce tariffs relief after a high-stakes meeting between Carney and Xi BBC
- Canada, China cut tariffs and announce new partnership as Trump brings old foes together NBC News
- Canada Breaks With U.S. to Slash Tariffs on Some Chinese Electric Vehicles The New York Times
- Canada, China slash EV, canola tariffs in reset of ties Reuters
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