"Canada Takes Step Towards Electric Vehicle Market Opening: Tariff Reduction Deal with China. In a move aimed at boosting the country's transition to electric vehicles, Canada has agreed to significantly reduce its tariff on Chinese-made electric vehicles. The 100 per cent tariff will be cut to 6.1 per cent, with a cap of 49,000 vehicles per year. This deal marks a major concession by Ottawa, which had previously imposed stringent trade barriers on Chinese imports. The move is expected to make Chinese electric vehicles more competitive in Canada's market, potentially giving consumers more choices and driving down prices."
Canada recently agreed to reduce its 100 per cent tariff on Chinese-made electric vehicles to 6.1 per cent, with an annual import cap of 49,000 vehicles — about three per cent of Canada’s market.
