Canada Just Opened The Door To Cheap Chinese EVs

• Canada agreed to cut its 100% tariff on Chinese electric vehicles in exchange for lower tariffs on Canadian farm products.
• The decision was made during Prime Minister Mark Carney’s visit to Beijing to improve strained Canada–China relations.
• The move breaks with the U.S. on anti-China tariffs, and opens the doors to much more affordable EV imports—possibly around $35,000 Canadian, or $25,000 U.S.