# Mark Carney
Latest news and articles about Mark Carney
Total: 2 articles found
Trump’s 100% Tariff Threat Puts Canada Between Washington and Beijing
A tentative Canada–China trade deal to cut tariffs on Chinese electric vehicles in exchange for restored canola access has prompted President Trump to threaten a 100% U.S. tariff on all Canadian imports. The standoff exposes Canada’s vulnerability to U.S. leverage, China’s growing ambition in the EV market, and the broader strategic contest over trade in North America.
Canada Drops 100% EV Tariff on China, Replaces It with Quotas in Bid to Reset Trade and Attract Investment
Canada has rescinded a 100% tariff on Chinese electric vehicles and replaced it with a quota allowing 49,000 EVs at a 6.1% tariff, rising to 70,000 over five years, part of a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.