Carney reaches ‘landmark’ tariff-quota deal with China on EVs, canola
www.ctvnews.ca
The Liberal government has reached a deal with Beijing to slash tariffs on a set number of Chinese electric vehicles in exchange for China dropping duties on agriculture products, Prime Minister Mark Carney said Friday.

Canada is dropping the EV tariffs and will be importing 50k Chinese EVs per year. Carney quoted as saying by 2030 an EV in Canada will cost $35k which is a sure shot more affordable than buying the latest $80000 Child Obliterator

  • fox [comrade/them]@hexbear.netOPEnglish
    7·
    1 day ago

    As an addendum, if EVs are forced to become cheaper, all other cars must follow or go unsold. This is also a strategic entry for Chinese EVs into North America. They’re such overwhelmingly better cars that they make all American cars look bad in comparison.