Canada Eases China Tariffs in Shift from US Policy
BEIJING – Canada announced it will reduce its 100% tariff on Chinese electric vehicles in return for lower Chinese duties on Canadian farm products, Prime Minister Mark Carney said after talks in Beijing.
This agreement marks a clear departure from US trade policy and reflects Canada’s effort to reset its economic relationship with China. By lowering tariffs on EVs, Canada aims to encourage trade while ensuring its agricultural sector gains better access to Chinese markets.
Prime Minister Carney emphasized that this move strengthens bilateral ties and supports Canadian industries. Observers note that Canada is pursuing a more independent trade strategy, balancing global economic interests while diverging from Washington’s approach.