Top auto CEO says Carney’s China EV deal jeapordized chance at U.S. trade deal
Canada’s top auto industry representative is warning that Carney’s decision to slash tariffs on Chinese electric vehicles could make already delicate trade talks with the United States even harder.
Canada’s top auto industry representative is warning that Prime Minister Mark Carney’s decision to slash tariffs on Chinese electric vehicles and open the Canadian market could make already delicate trade talks with the United States even harder.
Brian Kingston, president and CEO of the Canadian Vehicle Manufacturers’ Association, stated that Ottawa’s decision to replace the 100 per cent tariff on Chinese-made EVs with a 6.1 per cent most-favoured-nation tariff “further complicates” trade talks later this year. This was shared with Bloomberg at the Canadian International Auto Show.
