Canada has agreed to reopen limited access to made-in-China electric vehicles in exchange for relief from Chinese tariffs on agricultural exports, including canola. Prime Minister Mark Carney secured the deal during a Beijing visit, allowing up to 49,000 Chinese EVs annually at a reduced tariff of 6.1 percent, down from 100 percent.
Ottawa says the quota represents under three percent of the overall vehicle market, but nearly 29 percent of current EV sales. Officials hope cheaper models will boost adoption toward one million annual EV sales by 2030. U.S. Trade Representative Jamieson Greer criticized the deal, while President Donald Trump signalled approval.
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