Longtime Slashdot reader hackingbear shares a report from the Washington Times: Breaking with the United States, Canada has agreed to cut its 100% tariff [back to 6.1%] on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday after meeting Chinese President Xi Jinping in Beijing. He said there would be an initial annual cap of 49,000 vehicles on Chinese EV exports to Canada, growing to about 70,000 over five years. Prior to the 100% tariff, China exported about 41,000 vehicles to Canada in 2023. In exchange, China will reduce its total tariff on canola seeds, a major Canadian export, from 84% to about 15%, he told reporters. Carney said China has become a more predictable partner to deal with than the U.S, the country's neighbor and longtime ally.
[hackingbear writes: "After helping the U.S. arrest Huawei CFO Meng Wanzhou, who was later released without admitting guilty by the Biden administration after bickering with China, Canada had followed the U.S. in putting tariffs of 100% on EVs from China and 25% on steel and aluminum under former Prime Minister Justin Trudeau, Carney's predecessor."] China responded by imposing duties of 100% on Canadian canola oil and meal and 25% on pork and seafood. It added a 75.8% tariff on canola seeds last August. Collectively, the import taxes effectively closed the Chinese market to Canadian canola, an industry group has said.
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