Canada & South Korea Discuss Trade Deal As BYD Eyes India - CleanTechnica

Source: cleantechnica
Author: @cleantechnica
Published: 1/31/2026
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Read original articleThe article discusses recent developments in international trade and automotive manufacturing involving Canada, South Korea, and India amid shifting global economic dynamics. Canadian Prime Minister Mark Carney emphasized the need for "middle power" nations to strengthen ties to counteract the economic coercion and geopolitical aggression by major powers like the US, China, and Russia. In line with this, Canada and South Korea announced a framework agreement to explore bringing Korean automotive manufacturing to Canada, aiming to grow the auto sector and create jobs. This move contrasts sharply with the US administration's aggressive tariff policies, including a 25% tariff on Canadian vehicles, which have disrupted longstanding duty-free trade.
Meanwhile, in India, tensions with the US—exacerbated by insults from the American president toward Prime Minister Narendra Modi—have pushed India to reconsider its alliances. Despite historical border disputes with China, India is now seen as potentially more aligned with China than the US. Chinese electric vehicle manufacturer BYD is reportedly turning its attention to the Indian market, reflecting
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energyautomotive-manufacturingtrade-agreementCanadaSouth-Koreaglobal-supply-chainstariffs