Canada China Deal | Canada To Cut Tariffs On Chinese EVs In Exchange For Lower Farm Export Duties
Canada has agreed to slash its 100% tariff on Chinese electric vehicles in exchange for sharply lower Chinese tariffs on Canadian farm products. Canadian Prime Minister Mark Carney announced the deal after high-level talks with Chinese leaders, saying Chinese EV imports will be capped initially while tariffs on canola seeds will drop significantly. The move marks a shift from close alignment with the United States, even as Ottawa insists its ties with Washington remain deep and multifaceted.
