Canada and China near deal to drop EV tariffs as Trump pushes allies away
As a potential reversal of a significant policy implemented just over a year ago, the Canadian government is reportedly in advanced talks with China to remove or significantly reduce the 100% tariffs on Chinese electric vehicles.
The reversal comes as Prime Minister Mark Carney looks to stabilize trade relations with Beijing while navigating an increasingly hostile trade war initiated by the Trump administration against… well, everyone.