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Canada’s auto industry to become reliant on Japan and China?

Canada’s auto industry to become reliant on Japan and China?




Canada’s auto industry to become reliant on Japan and China? | Automotive World


















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Canada’s trade deal with China will see reduced tariffs on a limited number of imported vehicles. Ian Henry looks at the agreement and its implications

In mid-January, Canada’s prime minister, Mark Carney, announced a trade deal with China. From an automotive perspective, the key detail is that 49,000 Chinese-made electric vehicles (EVs)—potentially rising to 70,000 over time—will now be imported each year with a reduced tariff of 6.1%, the same rate Canada applies to other countries qualifying for “most-favoured-nation” tariffs.

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