Latest news and articles about Canada
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Canada has rescinded a 100% tariff on Chinese electric vehicles and replaced it with a quota allowing 49,000 EVs at a 6.1% tariff, rising to 70,000 over five years, part of a broader thaw in Ottawa‑Beijing ties. The shift aims to lower consumer prices, attract Chinese investment in batteries and grid storage, and restore agricultural exports, but key details and formal Chinese confirmation remain outstanding.
