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4 Canada cuts tariffs on Chinese EVs as part of new deal

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Andre Revilla @ Engadget 1 place · today 12:42 EDT

Canada cuts tariffs on Chinese EVs as part of new deal

Canada has agreed to drastically reduce its tariffs on imported Chinese EVs from 100 percent to 6.1 percent as part of a new deal between the two countries. In return, China will be reducing tariffs on Canadian canola seeds from 84 percent to about 15 percent.
The move is a break from the United States, which maintains a 100 percent tariff on EVs from China, effectively banning them in the country. Mexico currently tariffs the vehicles at 50 percent after increasing its rate last year.
Under the agreement,.

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