Trump Happy with Canada's Capped Chinese EV Import Deal, Carney Says
En resumen
- Canadian PM Mark Carney stated President Trump is pleased with Canada's agreement to import a limited number of Chinese electric vehicles at a low tariff rate.
- The deal allows up to 49,000 EVs annually, a significant reduction from previous high tariffs.
Resumen generado por IA
Por qué importa
Canadian Prime Minister Mark Carney stated that US President Donald Trump is satisfied with Canada's arrangement to allow a capped number of Chinese electric vehicles to be imported at a low tariff rate.
US President Donald Trump is happy with Canada’s arrangement to allow a capped number of Chinese electric vehicles to be imported at a low-tariff rate, Prime Minister Mark Carney said.
When asked about Carney’s comment, Trump did not express explicit approval, but said he could understand the quota.
The deal, unveiled during Carney’s trip to Beijing in January, allows as many as 49,000 Chinese EVs in a 12-month period at a tariff rate of around 6 per cent, with that quota to climb gradually over time. Before this year, Canada had a tariff of more than 100 per cent on those vehicles.
“He likes the structure, actually,” Carney told reporters at the Group of Seven leaders summit in Evian, France, on Wednesday. “We had a follow-up conversation.”
A hot mic captured Carney talking to Trump on Tuesday about the China deal and explaining how it capped the number of imported cars. “I thought you’d actually like that,” Carney was heard saying. Trump appeared to agree, saying “that’s good”.
Asked Wednesday about the interaction, Carney said the topic came up because Trump inquired about it.
Preguntas abiertas
- Will the quota increase over time as planned?
- How will this affect Canadian auto manufacturers?
