Canada Grants 49,000 Chinese EVs Lower Tariffs as U.S. Presses Harder on Transshipment
Updated
Updated · Fox Business · Aug 23
Canada Grants 49,000 Chinese EVs Lower Tariffs as U.S. Presses Harder on Transshipment
3 articles · Updated · Fox Business · Aug 23
Summary
Canada set a 49,000-vehicle annual quota for Chinese EVs at its 6.1% most-favored-nation tariff rate, scrapping the previous 100% surtax, and extended relief for some Chinese steel and aluminum imports.
Ottawa says the moves fit a broader trade-diversification strategy, even as Washington demands tougher safeguards to stop Chinese steel, aluminum and other goods from reaching the U.S. through Canadian supply chains.
A 2019 U.S.-Canada deal already required both countries to block transshipped steel and aluminum and distinguish North American metal from foreign-made supply, but U.S. trade hawks now want stricter controls.
The dispute adds strain after U.S.-Canada trade talks collapsed, with Trump and Prime Minister Mark Carney trading criticism over whether Canada is aligning with Washington's China-resistant North American trade strategy.