shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,953
- 42,986
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Does this hurt our USMCA negotiations? Trump was busy crushing Ontarios auto industry and ensuring consequences for our Premier and his ridiculous $75M attack ad foray in the U.S on tariffs. Now he is going to see 50,000 Chinese EVs sent to Canada annually?
This may be a gift to Trump and his argument that America needs to bring their auto industry home. I wouldnt even be surprised if he signs an E.O not allowing Chinese-made electronic vehicles into the U.S even for Canadians wanting to visit.
Save some of us who have been persecuted, we want to live free man.
www.thestar.com
BEIJING — Canada will lower its U.S.-aligned tariffs against Chinese electric vehicles in exchange for China reducing tit-for-tat tariffs against Canadian canola and seafood, a deal that has the potential to anger U.S. President Donald Trump.
Under the agreement, Canada will allow a small toehold for up to 49,000 Chinese EVs to enter the Canadian market at a tariff rate of 6.1 per cent, down from the current tariff rate of 100 per cent that Ottawa applied on Chinese-made EVs in fall 2024.
Prime Minister Mark Carney said it simply returns to a rate that Canada once had with China in 2023 prior to its “recent trade frictions.”
He underscored Chinese manufacturers — who churn out electric cars far more cheaply than North American-made EVs — will invest in auto production in Canada.
“It is expected that within three years, this agreement will drive considerable Chinese investment into Canada’s auto-sector,” Carney said, help create good jobs and advance Canada’s net-zero goals. “It’s also anticipated that within five years, more than 50 per cent of these vehicles will be affordable EVs with an import price of less than $35,000,” he added.
This may be a gift to Trump and his argument that America needs to bring their auto industry home. I wouldnt even be surprised if he signs an E.O not allowing Chinese-made electronic vehicles into the U.S even for Canadians wanting to visit.
Save some of us who have been persecuted, we want to live free man.
Canada and China reach tariff deal on EVs sparking fears it will derail trade talks with U.S.
Carney reached the agreement Friday with Chinese President Xi Jinping, capping an intensive six weeks of talks.
BEIJING — Canada will lower its U.S.-aligned tariffs against Chinese electric vehicles in exchange for China reducing tit-for-tat tariffs against Canadian canola and seafood, a deal that has the potential to anger U.S. President Donald Trump.
Under the agreement, Canada will allow a small toehold for up to 49,000 Chinese EVs to enter the Canadian market at a tariff rate of 6.1 per cent, down from the current tariff rate of 100 per cent that Ottawa applied on Chinese-made EVs in fall 2024.
Prime Minister Mark Carney said it simply returns to a rate that Canada once had with China in 2023 prior to its “recent trade frictions.”
He underscored Chinese manufacturers — who churn out electric cars far more cheaply than North American-made EVs — will invest in auto production in Canada.
“It is expected that within three years, this agreement will drive considerable Chinese investment into Canada’s auto-sector,” Carney said, help create good jobs and advance Canada’s net-zero goals. “It’s also anticipated that within five years, more than 50 per cent of these vehicles will be affordable EVs with an import price of less than $35,000,” he added.