Canada Lowers Tariffs On Chinese Made Cars - CleanTechnica

Canada has reached a preliminary trade agreement with China to substantially reduce tariffs on Chinese-made electric vehicles (EVs). Under the deal, Canada will allow up to 49,000 Chinese EVs to enter the country at a most-favored nation tariff rate of 6.1 percent, increasing to 70,000 vehicles by the fifth year. In return, China agreed to lower tariffs on Canadian canola exports. Canadian Prime Minister Mark Carney described the deal as "landmark," emphasizing improved predictability in trade relations with China compared to the United States. However, Ontario Premier Doug Ford criticized the agreement, expressing concerns about the influx of cheaper Chinese EVs without guaranteed reciprocal investment in Canada’s auto industry or supply chain. The deal has elicited mixed reactions in the United States. While President Biden appeared indifferent or supportive of Canada’s move, US officials expressed reservations. Transportation Secretary Sean Duffy and US Trade Representative Jamieson Greer voiced concerns about the potential negative impact on American auto workers and