"Cars, parts and the manufacturing of both are closely tied together on both sides of the border, so what's been good for one country has long been considered good for the other. But that partnership saw its biggest breakdown yet this week as Canada struck a deal to reduce its 100% tariffs on Chinese-imported electric vehicles, opening North America's deeply intertwined auto industry to a whole new level of competition."
"Canada has reduced its tariff on imported Chinese EVs from 100% down to 6.1%. Imports are capped at 49,000 cars for the first year, growing to 70,000 by year five. Some Canadian politicians aren't too happy with the deal, citing cybersecurity concerns and hurting Canada's relationship with the U.S. Several American officials expressed concerns as well. Once, the United States and Canada moved almost entirely in lockstep on manufacturing issuesespecially when it comes to the auto industry."
Canada reduced its tariff on imported Chinese electric vehicles from 100% to 6.1% and set import caps starting at 49,000 cars in year one, rising to 70,000 by year five. The change opens North America's integrated auto industry to increased competition and could lower prices for Canadian buyers, potentially enabling $35,000 EV options. Some Canadian politicians and several U.S. officials expressed concern, citing cybersecurity risks and harm to Canada–U.S. relations. The tariff cut marks a significant divergence from past Canada–U.S. manufacturing alignment and follows broader trade tensions and Canada's moves to decouple from its southern neighbor.
Read at insideevs.com
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