Business & Finance
Trump likes Canada’s Chinese EV deal, Carney says after chat caught on hot mic
Key Points
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...
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...