Summary
Canada has decided to reduce its 100% tariff on Chinese electric vehicles. In return, China will lower its tariffs on Canadian agricultural products. This move signals a change in Canada's approach compared to the United States.
Key Facts
- Canada will reduce its 100% tariff on electric vehicles imported from China.
- In response, China will lower its tariffs on agricultural products from Canada.
- Prime Minister Mark Carney announced this decision after discussions in Beijing.
- This decision indicates a different approach by Canada compared to the U.S. policy on China.
- The move is part of Canada's effort to improve its relationship with China.
